Adtran (ADTN) “Buy” Rating Reaffirmed by Analysts at Needham; The TP is Set to $18.0000; InterXion Holding N.V. (INXN) Had 12 Analysts Last Week

April 19, 2018 - By wolcottdaily

ADTRAN, Inc. (NASDAQ:ADTN) Logo

In a research report shared with investors on Wednesday morning, Adtran (NASDAQ:ADTN) stock “Buy” was restate by Analysts at Needham. They currently have a $18.0000 target price on the stock. Needham’s target price would indicate a potential upside of 20.40% from the company’s current price.

Among 13 analysts covering Interxion Holding NV (NYSE:INXN), 12 have Buy rating, 0 Sell and 1 Hold. Therefore 92% are positive. Interxion Holding NV had 42 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of InterXion Holding N.V. (NYSE:INXN) earned “Hold” rating by Jefferies on Monday, June 13. On Wednesday, March 7 the stock rating was maintained by SunTrust with “Buy”. The firm has “Buy” rating given on Thursday, March 8 by Guggenheim. The rating was maintained by RBC Capital Markets with “Buy” on Thursday, March 8. Stifel Nicolaus maintained InterXion Holding N.V. (NYSE:INXN) rating on Friday, July 21. Stifel Nicolaus has “Buy” rating and $4900 target. The stock of InterXion Holding N.V. (NYSE:INXN) has “Buy” rating given on Monday, October 26 by Evercore. The rating was upgraded by Canaccord Genuity to “Buy” on Thursday, August 6. Canaccord Genuity maintained InterXion Holding N.V. (NYSE:INXN) on Thursday, November 5 with “Buy” rating. The firm has “Buy” rating by Citigroup given on Thursday, November 2. RBC Capital Markets maintained the stock with “Buy” rating in Monday, April 24 report. See InterXion Holding N.V. (NYSE:INXN) latest ratings:

08/03/2018 Broker: RBC Capital Markets Rating: Buy New Target: $71.0 Maintain
08/03/2018 Broker: Guggenheim Rating: Buy New Target: $69.0 Maintain
07/03/2018 Broker: Cowen & Co Rating: Buy New Target: $69.0 Maintain
08/03/2018 Broker: Barclays Capital Old Rating: Overweight New Rating: Overweight Old Target: $70 New Target: $72 Maintain
08/03/2018 Broker: Raymond James Old Rating: Outperform New Rating: Outperform Old Target: $65 New Target: $72 Maintain
08/03/2018 Broker: Wells Fargo Old Rating: Outperform New Rating: Outperform Old Target: $65 New Target: $68 Maintain
07/03/2018 Broker: SunTrust Rating: Buy New Target: $76.0 Maintain
25/01/2018 Broker: Guggenheim Rating: Buy New Target: $67.0 Maintain
06/12/2017 Broker: SunTrust Rating: Buy New Target: $68.0 Maintain
03/11/2017 Broker: RBC Capital Markets Rating: Buy New Target: $62.0 Maintain

Among 10 analysts covering Adtran Inc. (NASDAQ:ADTN), 6 have Buy rating, 0 Sell and 4 Hold. Therefore 60% are positive. Adtran Inc. has $28.0 highest and $14 lowest target. $19.47’s average target is 30.23% above currents $14.95 stock price. Adtran Inc. had 32 analyst reports since September 9, 2015 according to SRatingsIntel. Needham maintained the stock with “Buy” rating in Wednesday, October 18 report. The rating was maintained by Jefferies with “Hold” on Wednesday, October 4. The firm earned “Buy” rating on Wednesday, October 18 by Northland Capital. The stock of ADTRAN, Inc. (NASDAQ:ADTN) earned “Buy” rating by Stifel Nicolaus on Friday, January 8. On Tuesday, January 16 the stock rating was upgraded by Goldman Sachs to “Neutral”. The firm has “Hold” rating by Jefferies given on Monday, August 21. The stock of ADTRAN, Inc. (NASDAQ:ADTN) earned “Hold” rating by Jefferies on Thursday, June 1. The rating was maintained by Northland Capital with “Buy” on Monday, July 3. The stock has “Buy” rating by Northland Capital on Tuesday, September 5. The stock has “Outperform” rating by Northland Capital on Monday, October 31.

ADTRAN, Inc. provides networking and communications equipment worldwide. The company has market cap of $716.17 million. The firm operates through two divisions, Network Solutions and Services & Support. It has a 30.51 P/E ratio. It offers access and aggregation solutions, including fiber to the premises and fiber to the node multi-service access nodes (MSAN); fiber aggregation and FTTN MSAN; fiber to the distribution point optical network units; optical line terminals; fiber access network elements; optical networking edge aggregation; and IP digital subscriber line access multiplexers.

Investors sentiment decreased to 1.1 in 2017 Q4. Its down 0.42, from 1.52 in 2017Q3. It fall, as 20 investors sold ADTRAN, Inc. shares while 50 reduced holdings. 25 funds opened positions while 52 raised stakes. 42.06 million shares or 1.76% less from 42.82 million shares in 2017Q3 were reported. Metropolitan Life Insur Ny invested 0% of its portfolio in ADTRAN, Inc. (NASDAQ:ADTN). Leucadia holds 0.04% or 26,628 shares. Virginia Retirement System Et Al has 32,100 shares for 0.01% of their portfolio. Pennsylvania-based Glenmede Tru Na has invested 0% in ADTRAN, Inc. (NASDAQ:ADTN). 9,564 are owned by State Of Alaska Department Of Revenue. Geode Capital Mgmt Llc owns 0% invested in ADTRAN, Inc. (NASDAQ:ADTN) for 540,583 shares. 243,299 were reported by Tieton Mgmt Limited Liability Corp. Great Lakes Advsrs Limited Company has invested 0.08% in ADTRAN, Inc. (NASDAQ:ADTN). Parkside Financial Bank has invested 0% of its portfolio in ADTRAN, Inc. (NASDAQ:ADTN). Amer Gp has 0% invested in ADTRAN, Inc. (NASDAQ:ADTN). Heartland accumulated 162,885 shares or 0.2% of the stock. Meeder Asset Mgmt Inc reported 0% in ADTRAN, Inc. (NASDAQ:ADTN). Menta Cap Ltd Liability Corporation has invested 0.17% in ADTRAN, Inc. (NASDAQ:ADTN). Eqis Cap, California-based fund reported 14,027 shares. Bnp Paribas Arbitrage holds 26,864 shares.

The stock decreased 6.85% or $1.1 during the last trading session, reaching $14.95. About 1.49 million shares traded or 153.25% up from the average. ADTRAN, Inc. (NASDAQ:ADTN) has declined 27.42% since April 19, 2017 and is downtrending. It has underperformed by 38.97% the S&P500.

Since October 20, 2017, it had 0 insider buys, and 1 sale for $211,825 activity. 48,056 ADTRAN, Inc. (NASDAQ:ADTN) shares with value of $1.04 million were sold by Schansman Raymond R. 9,809 shares valued at $211,825 were sold by Heering Kevin P. on Monday, October 23.

ADTRAN, Inc. (NASDAQ:ADTN) Ratings Chart

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