Ciena (CIEN) Tops Q3 EPS by 4c
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September 2, 2016 10:51 AM EDT
MKM Partners reiterated a Buy rating on CIENA (NYSE: CIEN), and raised the price target to $28.00 (from $26.00), following the company's 3Q earnings report. MKM's bullish view is based on the strong U.S. and European 100+G Metro and DCI cycles that should drive total... More
September 2, 2016 10:08 AM EDT
BMO Capital reiterated an Outperform rating on CIENA (NYSE: CIEN), and raised the price target to $27.00 (from $25.00), following the company's 3Q earnings report. CIEN reported in-line revenues and margins and EPS that was better than expected. EPS of $0.42 was above consensus estimate of $0.38.... More
September 2, 2016 7:11 AM EDT
Jefferies analyst George Notter reiterated a Buy rating and boosted his price on CIENA (NYSE: CIEN) to $27.00 (from $23.00) following Q3 results saying a North America improvement is coming.
Notter commented, "The July results reinforced our thesis that Cienas North American business would... More
September 2, 2016 6:47 AM EDT
Drexel Hamilton downgraded CIENA (NYSE: CIEN) from Buy to Hold.
For an analyst ratings summary and ratings history on CIENA click here. For more ratings news on CIENA click here.
Shares of CIENA closed at $23.17 yesterday.
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September 2, 2016 6:34 AM EDT
Morgan Stanley downgraded CIENA (NYSE: CIEN) from Overweight to Equalweight with a price target of $23 (unchanged).
For an analyst ratings summary and ratings history on CIENA click here. For more ratings news on CIENA click here.
Shares of CIENA closed at $23.17 yesterday.
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