Form 8-K CIENA CORP For: Aug 30

Go back to Form 8-K CIENA CORP For: Aug 30

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