On 6/28/24, Infinera Corp (NASDAQ: INFN) stock enjoyed a major increase of 15.8%, closing at $6.09. Moreover, trading volume in this advance was exceptionally high at 1517% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 19.6% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, INFN is expected to continue to be a major Value Builder.
Infinera has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Infinera has a poor Appreciation Score of 17 but a good Power Rating of 83, triggering the Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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