Needham & Company Sees 'Solid' Upcoming Results for CIENA (CIEN)

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MKM Partners Reiterates Buy on Ciena (CIEN) Following 3Q EPS Beat

September 4, 2015 11:32 AM EDT

MKM Partners reiterated a Buy rating and $29.00 price target on CIENA (NYSE: CIEN) following the company's 3Q15 earnings results. Revenues came in at $603mn, missing consensus' $629.6M. EPS was reported at $0.37 beating $0.34 consensus.

Analyst Michael Genovese commented, "The Ciena... More

Needham & Company Remain Bullish on Ciena (CIEN) Following Earnings Release

September 3, 2015 4:28 PM EDT

Needham & Company reiterated a Buy rating and $30.00 price target on CIENA (NYSE: CIEN) following the company's 3Q15 earnings results.

Analyst Alex Henderson commented, "Ciena shares are down modestly post the earnings release and conference call. The primary reason for the stock... More