Infinera Message Board - Msg: 31675760

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Technology Stocks : Infinera

INFN 6.640

0.0%

Feb 28 4:00 PM EST

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To: Tartuffe who wrote (3649)	6/27/2018 1:04:26 AM
From: FJB	Read Replies (2) of 4443

I just discovered that downgrade was from a new analyst named Hall, not Clark. So that is different... -------------------------------------------------------------------------- Lumentum up, Infinera down as Goldman analyst covers opticals Jun. 21, 2018 9:26 AM ET\|By: Jason Aycock, SA News Editor Lumentum (NASDAQ: LITE) is up 3.7% premarket as the beneficiary of Goldman analyst Rod Hall's initiation of coverage on optical systems and components. Lumentum's raised to Buy as Hall notes its rivals continue to struggle with Chinese growth not likely to spike in the short term. Chinese demand should be stable, while growth outside of China should probably continue driven by metro rollouts, he says. (h/t Bloomberg) He also maintains a Buy rating on Ciena (NASDAQ: CIEN), but Infinera (NASDAQ: INFN) is down 3.4% as Hall downgrades to Neutral. He's also Neutral on Acacia Communications ( ACIA, up 2.9% premarket) and Adtran (NASDAQ: ADTN), and upgraded Corning (NYSE: GLW) to Neutral. Arris (NASDAQ: ARRS) is down 2.4% premarket on Goldman's downgrade to Sell. Hall also has a Sell rating on Finisar (NASDAQ: FNSR), down 0.8%premarket.

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