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Infinera (INFN -2.6%) gives back some of its recent gains after Jefferies' George Notter cuts...

Infinera (INFN -2.6%) gives back some of its recent gains after Jefferies' George Notter cuts shares to Hold, arguing they're fully valued even if "there's no denying that current business trends at Infinera are very good right now." Shares still +88% YTD following strong Q1 results and 2013 guidance, and heady expectations for 100G optical networking hardware demand.
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