Ciena (CIEN) Tops Q3 EPS by 12c

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CIENA (CIEN) PT Raised to $36 at MKM Partners

August 31, 2018 8:25 AM EDT

MKM Partners analyst Michael Genovese raised the price target on CIENA (NYSE: CIEN) to $36.00 (from $32.00) while maintaining a Buy rating.

Genovese commented, "Ciena delivered strong 3QFY18 earnings with revenues, GMs and EPS well ahead of expectations. B-B was above 1.0 and Ciena exited the... More

CIENA (CIEN) PT Raised to $36 at Dougherty & Co

August 31, 2018 7:52 AM EDT

Dougherty & Co analyst Catharine Trebnick raised the price target on CIENA (NYSE: CIEN) to $36.00 while maintaining a Buy rating.

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CIENA (CIEN) PT Raised to $38 at Jefferies

August 31, 2018 7:27 AM EDT

Jefferies raised its price target on CIENA (NYSE: CIEN) to $38.00 (from $31.00) while maintaining a Buy rating.

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CIENA (CIEN) PT Raised to $36 at Raymond James

August 31, 2018 7:24 AM EDT

Raymond James raised its price target on CIENA (NYSE: CIEN) to $36.00 (from $30.00) while maintaining a Outperform rating.

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CIENA (CIEN) PT Raised to $36 at Citi

August 31, 2018 7:14 AM EDT

Citi analyst Jim Suva raised the price target on CIENA (NYSE: CIEN) to $36.00 (from $29.00) while maintaining a Buy rating.

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CIENA (CIEN) PT Raised to $39 at JPMorgan Following 3Q

August 31, 2018 7:05 AM EDT

JPMorgan analyst, Samik Chatterjee, raised the price target on CIENA (NYSE: CIEN) to $39.00 (from $33.00) while maintaining a Overweight rating following the company's 3Q earnings report. Ciena reported much better than expected results, and another raise to the revenue growth guidance for the full year,... More

CIENA (CIEN) PT Raised to $33 at Goldman Sachs

August 31, 2018 6:39 AM EDT

Goldman Sachs analyst Rod Hall raised the price target on CIENA (NYSE: CIEN) to $33.00 (from $31.00) while maintaining a Buy rating.

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CIENA (CIEN) PT Raised to $33 at Needham & Company

August 31, 2018 6:24 AM EDT

Needham & Company analyst Alex Henderson raised the price target on CIENA (NYSE: CIEN) to $33.00 (from $29.00) while maintaining a Buy rating following strong results.

Henderson commented, "Ciena reported results well above trend line with FY3Q Revenues up a robust 12% yr-yr and 5% ahead... More

CIENA (CIEN) PT Raised to $30 at Piper Jaffray on FQ3 Report; '400G Leadership Driving Upsized Growth;

August 31, 2018 6:16 AM EDT

Piper Jaffray analyst Troy Jensen raised the price target on CIENA (NYSE: CIEN) to $30.00 (from $27.00) while maintaining a Neutral rating, following the company's third quarter earnings report.

Analyst Jensen notes a positive outlook on the shares, as CIEN reported fiscal third quarter earnings... More

CIENA (CIEN) PT Raised to $35 at Nomura/Instinet

August 31, 2018 5:58 AM EDT

Nomura/Instinet analyst Jeffrey Kvaal raised the price target on CIENA (NYSE: CIEN) to $35.00 (from $30.00) while maintaining a Buy rating.

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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