Ciena (CIEN): Raising PT On Strong Book To Bill - Needham

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CIENA (CIEN) PT Raised to $24 at Deutsche Bank Following 2Q

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

CIENA (CIEN) PT Raised to $32.50 at Jefferies Following 2Q

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

CIENA (CIEN) PT Raised to $34.25 at B. Riley

June 2, 2017 7:44 AM EDT

B. Riley raised its price target on CIENA (NYSE: CIEN) to $34.25 (from $34.00) while maintaining a Buy rating.

Analyst Dave Kang raising/maintaining FY17/FY18 EPS estimates from $1.65/$2.05 to $1.70/$2.05.

... More

CIENA (CIEN) PT Raised to $30 at Instinet; 'F2Q Results Above Consensus on All Metrics'

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

CIENA (CIEN) PT Raised to $32 at BMO Capital; Reiterates Outperform

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