Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Infinera Corp (NASDAQ: INFN) weakened of late. INFN’s current Value Trend Rating is D and the prior Rating was C. Details supporting this lower rating are included in our next report.
Recent Price Action
Infinera Corp (NASDAQ: INFN) stock closed at $4.71 on 3/18/24 after a large increase of 4.0%. NORMAL trading volume accompanied the advance. The stock has risen 1.8% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, INFN is expected to continue to be a major Value Builder.
Infinera has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Infinera has a very low Appreciation Score of 10 but a good Power Rating of 75, and the Negative Value Trend Rating results.
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