Infinera Reaches Analyst Target Price
February 13, 2017 at 09:17 AM EST
In recent trading, shares of Infinera Corp (INFN) have crossed above the average analyst 12-month target price of $10.68, changing hands for $11.96/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..