Ciena (CIEN): Raising PT On Strong Book To Bill - Needham
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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 7:44 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.
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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
