Notable Downgrades: Infinera (INFN), NewLink Genetics (NLNK), NuVasive (NUVA), SanDisk (SNDK), Micron (MU)

Analysts at Goldman (GS) downgraded Infinera Corporation (INFN) from ‘Buy‘ to ‘Neutral‘ in a research report issued to clients on Thursday. On valuation measures, Infinera Corp. stock it’s trading at a forward P/E multiple of 26.22x, and at a multiple of 171.45x this year’s estimated earnings. The t-12-month revenue at Infinera Corp. is $668.08 million. […] View the full post at: Notable Downgrades: Infinera (INFN), NewLink Genetics (NLNK), NuVasive (NUVA), SanDisk (SNDK), Micron (MU) Related posts: Moody’s Downgrades Deutsche Bank to Aa3 Caterpillar Inc. Downgraded to “Neutral” at BofA General Motors Borrows $4 bln in Additional Federal Aid