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Enter Symbol:

Mkt Outperform
up 162.66 %

INFINERA CORPORATION (INFN) rated Mkt Outperform with price target $11 by Avondale

Posted on: Friday,  Feb 18, 2011  2:25 PM ET by Avondale

Avondale rated Mkt Outperform INFINERA CORPORATION (NASDAQ: INFN) on 02/18/2011. Previously Avondale rated Mkt Outperform INFINERA CORPORATION (NASDAQ: INFN) on 07/23/2010.,
when the stock price was $8.57. Since then, INFINERA CORPORATION has gained 162.66% as of 01/11/2016's recent price of $22.51.
If you would have followed the previous Avondale's recommendation on INFN, you would have gained 162.66% of your investment in 1998 days.

Infinera Corporation (Infinera) has developed a solution for optical communications networks. The Company?s photonic integrated circuits (PICs) transmit and receive 100 gigabits per second of optical capacity and incorporate the functionality of over 60 discrete optical components into a pair of indium phosphide chips. Infinera has used its PIC technology to design a digital optical communications system called the digital transport node (DTN) System. Infinera?s carrier-class DTN System runs the Company?s Infinera IQ Network Operating System and is integrated with its Infinera Management Suite software. Infinera?s PICs enable its DTN System to provide optical to electrical to optical conversions at every network access point to provide communications service providers with the ability to digitally process the information being transported across their optical networks.

Avondale’s research analysts are charged with producing high quality, independent, value-added, and timely investment analysis / advice. The firm’s strategy is to deemphasize maintenance research, and instead direct the overwhelming majority of our efforts on developing well-constructed, actionable recommendations, in part by leveraging proprietary networks of industry contacts. Avondale’s growing research department now totals 25 professionals. Senior analysts average 14 years of industry experience and are routinely recognized by a variety of nationally known rating entities. In the last two years, Avondale Analysts were named to the Wall Street Journal’s Best on the Street poll as well as’s Top Analyst Rankings.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/18/2011 2:25 PM Buy
8.26 11.00
as of 12/30/2011
1 Week down  -0.94 %
1 Month down  -8.98 %
3 Months down  -18.65 %
1 YTD down  -39.20 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/20/2010 12:25 PM Buy
11.97 14.00
7/23/2010 12:25 PM Buy
8.57 10.00
7/10/2009 12:25 PM Hold
8.18 10.00

(*) Stock Price at the time of the recommendation.
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