B. Riley downgraded Infinera (INFN) to Neutral from Buy with an unchanged price target of $6.65. The firm cites valuation for the downgrade with the shares surpassing the price target The company is in the process of being acquired by Nokia (NOK) for $6.65 per share, the analyst tells investors in a research note.
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Infinera downgraded to Neutral from Buy at B. Riley
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