Ciena Reports Fiscal Second Quarter 2015 Financial Results

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CIENA (CIEN) PT Lifted to $30 at Needham & Company Amid Strong Q2

June 4, 2015 3:37 PM EDT

Needham & Company analyst Alex Henderson reiterated a Buy rating and boosted his price target on CIENA (NYSE: CIEN) to $30.00 (from $26.00) after the company posted strong Q2 results.

Henderson commented, "After lowering guidance on currency last quarter, the strong demand backdrop helped... More

CIENA (CIEN) PT, Estimates Raised at MKM Partners on Positive Quarter

June 4, 2015 1:59 PM EDT

MKM Partners analyst Michael Genovese reiterated a Buy rating and boosted his price target on CIENA (NYSE: CIEN) to $29.00 (from $27.00) following solid Q2 results.

Genovese commented, "2QFY15 earnings were a good proof point of our positive thesis. We believe the Optical cycle... More