Infinera Price Target Hike Connects With Investors

By | November 23, 2015

Scalper1 News

No sooner was its price target hiked than Infinera (INFN) stock rose Monday. Someone must have been using fiber optic cable to spread the word. Shares of the Silicon Valley maker of fiber optic connection gear rose to a two-month high and were up more than 1.5%, near 22, in afternoon trading in the stock market today. That’s 12% off an eight-year high above 25 touched on Aug. 18. Infinera is building the right side of a 68-day stage-one cup base Scalper1 News

Scalper1 News