Ciena (CIEN) Tops Q2 EPS by 8c; Guides Q3 Revs Above at Midpoint
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CIENA (CIEN) PT Raised to $24 at Deutsche Bank Following 2Q
June 2, 2017 8:29 AM EDTDeutsche 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
CIENA (CIEN) PT Raised to $32.50 at Jefferies Following 2Q
June 2, 2017 8:14 AM EDTJefferies 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
CIENA (CIEN) PT Raised to $30 at Instinet; 'F2Q Results Above Consensus on All Metrics'
June 2, 2017 7:29 AM EDTInstinet 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
CIENA (CIEN) PT Raised to $32 at BMO Capital; Reiterates Outperform
June 2, 2017 6:55 AM EDTBMO 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
CIENA (CIEN) PT Raised to $32 at Stifel Following 'Beat and Raise'
June 1, 2017 1:28 PM EDTStifel 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
