Ciena (CIEN) Tops Q2 EPS by 8c; Guides Q3 Revs Above at Midpoint
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June 2, 2017 8:29 AM EDT
Deutsche Bank raised its price target on CIENA (NYSE: CIEN) to $24.00 (from $23.00) while maintaining a Hold rating. CIEN reported 2Q revenue of... More
June 2, 2017 8:14 AM EDT
Jefferies raised its price target on CIENA (NYSE: CIEN) to $32.50 (from $29.00) while maintaining a Buy rating. The company's 2Q revenue totaled $707 million versus the Street at $695 million. Non-GAAP EPS totaled $0.45. Street figures called for $0.37.
2017 and 2018 revenue estimates are getting bumped up marginally to $2.825 billion and... More
June 2, 2017 7:29 AM EDT
Instinet raised its price target on CIENA (NYSE: CIEN) to $30.00 (from $27.00) while maintaining a Buy rating, following the company's second quarter earnings report.
Analyst Jeffrey Kvaal notes the company delivered second quarter earnings per share and revenues above consensus projections fueled positive metrics, as... More
June 2, 2017 6:55 AM EDT
BMO Capital raised its price target on CIENA (NYSE: CIEN) to $32.00 (from $30.00) while maintaining a Outperform rating. Ciena reported strong quarter results, with revenues, margins and EPS all topping our expectations and consensus.
3Q revenue guidance of $725 million at the midpoint was above... More
June 1, 2017 1:28 PM EDT
Stifel raised its price target on CIENA (NYSE: CIEN) to $32.00 (from $28.00) while maintaining a Buy rating following 'beat and raise' results.
Patrick Newton said, "With improving order momentum, what appears to be conservative GM% guidance, geographic breadth, and a number of... More
