Ciena's (CIEN) Strong Sell Rating Removed at Off Wall Street
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/22/2026
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- One killed, three injured when man attacks Swedish school with sword
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
CIENA's (CIEN) Weak Guidance Is a Temporary Overhang - Needham
December 14, 2015 8:55 AM ESTNeedham & Company analyst, Alex Henderson, points out that CIENA (NYSE: CIEN) guidance for the January quarter was significantly weaker than the positive book to bill ratio would suggest is a sustainable growth rate. The divergence is the result of large Metro orders with acceptance criteria. Ciena's suppliers are seeing strong orders. Ciena noted strong orders. Yet the revenue forecast is soft. This reflects... More
MKM Partners Say Ciena (CIEN) Weakness is Overdone; Reiterates Buy
December 11, 2015 11:12 AM ESTMKM Partners maintained a Buy rating on CIENA (NYSE: CIEN), and cut the price target to $26.00 (from $29.00), following the company's 4Q earnings report. Revenues came in at $692mn, $8mn better than expected. Cyan revenues were $84mn, $34mn higher than forecast, due to strong CAF-related spending at Windstream. This suggests organic revenues missed expectations by ~$25mn. MKM... More
