Ciena (CIEN) call put ratio 2.4 calls to 1 put into Q3

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JPMorgan Remains Bullish on Ciena (CIEN) Following 3Q Report

August 30, 2018 8:38 AM EDT

JPMorgan analyst, Samik Chatterjee, reiterated an Overweight rating and $33.00 price target on CIENA (NYSE: CIEN) following the company's 3Q earnings report. Revenues tracked at $819 mn vs. consensus of $792 (vs. management guidance of $775-$805 mn). EPS of $0.48 vs. consensus of $0.36.

Chatterjee expects the... More