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Fly News Breaks for July 19, 2017
INFN
Jul 19, 2017 | 08:38 EDT
MKM Partners analyst Michael Genovese identified Infinera as his top pick into Q2 results. The analyst expects the company to deliver "a small beat and raise," and he predicts that the stock will react positively to the results. The analyst is upbeat on the performance of the company's new products and he says that its Q3 guidance "should be solid." He keeps a $14 price target and a Buy rating on the shares.
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