ADTRAN, Inc. (ADTN) Declares $0.09 Quarterly Dividend; 1.8% Yield

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Ciena (CIEN) to Benefit from Improved 2018 Capex Outlook, Goldman Sachs Says in Upgrade

January 16, 2018 1:17 PM EST

Shares of Ciena (NYSE: CIEN) are trading higher, gaining 3% on the session, following an upgrade from Goldman Sachs to a Buy (from Neutral) and new price target of $27 (from $24).

The CIEN upgrade is part of a comprehensive 2018 preview of the Small/Mid-Cap Communication Technology industry by analyst Doug Clark. The note to clients outlines multiple ratings changes and price target adjustments, most notably, an ADTRAN (NASDAQ:... More

Goldman Sachs Upgrades ADTRAN (ADTN) to Neutral

January 16, 2018 3:45 AM EST

Goldman Sachs upgraded ADTRAN (NASDAQ: ADTN) from Sell to Neutral with a price target of $17.00.

For an analyst ratings summary and ratings history on ADTRAN click here. For more ratings news on ADTRAN click here.

Shares of ADTRAN closed at $19.70 Friday.

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