Infinera Corporation Reports Second Quarter 2016 Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/20/2026
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Oil slides after China asks Iran to limit Houthi attacks on Saudi oil facilities
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Anthropic and Accenture partner on embedded AI safety evaluation
- Wells Fargo Downgrades Netflix (NFLX) to Underweight on Engagement Risks, 'We see tougher choices ahead'
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
Needham & Company Cuts Price Target on Infinera (INFN) to $15 Following 2Q
July 28, 2016 6:55 AM EDTNeedham & Company maintained a Strong Buy rating on Infinera Corp. (NASDAQ: INFN), and cut the price target to $15.00 (from $20.00), following the company's 2Q earnings report.
Analyst Alex Henderson commented, "Against expectations for a weak quarter and guide, INFN reported a stronger... More
JPMorgan Downgrades Infinera Corp. (INFN) to Neutral
July 28, 2016 6:45 AM EDTJPMorgan downgraded Infinera Corp. (NASDAQ: INFN) from Overweight to Neutral with a price target of $8.50 (from $19.00).
For an analyst ratings summary and ratings history on Infinera Corp. click here. For more ratings news on Infinera Corp. click here.
Shares of Infinera Corp. closed at $12.51 yesterday.
... MoreRaymond James Downgrades Infinera Corp. (INFN) to Market Perform
July 28, 2016 6:44 AM EDTRaymond James downgraded Infinera Corp. (NASDAQ: INFN) from Outperform to Market Perform and removed its price target (prior $17.00).
For an analyst ratings summary and ratings history on Infinera Corp. click here. For more ratings news on Infinera Corp. click here.
Shares of Infinera Corp. closed at $12.51 yesterday.
... MoreB. Riley Downgrades Infinera Corp. (INFN) to Neutral
July 28, 2016 6:44 AM EDTB. Riley downgraded Infinera Corp. (NASDAQ: INFN) from Buy to Neutral with a price target of $10.50 (from $18.00).
For an analyst ratings summary and ratings history on Infinera Corp. click here. For more ratings news on Infinera Corp. click here.
Shares of Infinera Corp. closed at $12.51 yesterday.
... MoreInfinera (INFN) Tops Q2 EPS by 3c; Says Demand is Softening
July 27, 2016 4:25 PM EDTInfinera (NASDAQ: INFN) reported Q2 EPS of $0.21, $0.03 better than the analyst estimate of $0.18. Revenue for the quarter came in at $258.8 million versus the consensus estimate of $255.83 million.
"While I am very pleased with our second quarter and year to date financial... More
