and the telecoms will need plenty of fiber-based backhaul capacity in order to make it happen. Moreover, consumers and businesses alike are itching to take their network connections to the next level at gigabit speeds and above. Infinera's rosy market recap fits like a glove on these underlying macro trends.
how genius.Four upgrades by analysts in a single day7/23/2015 Jefferies Group Reiterated Rating Buy $27.00 - $30.00
7/23/2015 Deutsche Bank Reiterated Rating Buy $28.00 - $25.00
7/23/2015 MKM Partners Boost Price Target Buy $26.00 - $27.00
7/23/2015 Stifel Nicolaus Boost Price Target Buy $25.00 - $27.00
INFN is in the right place at the right time. The market continues the transition to a 100 gig and intelligent control, I’m particularly excited about opportunity to accelerate the creation with Transmode of one of the top packet optical transport companies in the world.
They have never been better positioned to capitalize on their unique breadth of technology
they continue to experience strong demand from across their customer base.
The opportunity is more to the upside especially long-term INFN reminds me of the CSCO system in the 90s in 10 years, it paid off 74,000%.