Needham & Company Downgrades CIENA (CIEN) to Hold

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CIENA (CIEN) PT Raised to $38 at MKM Partners Ahead of 4Q Report

November 20, 2018 6:45 AM EST

MKM Partners analyst Michael Genovese raised the price target on CIENA (NYSE: CIEN) to $38.00 (from $36.00) while maintaining a Buy rating ahead of the company's 4Q earnings report. Genovese thinks Ciena will likely report 4QFY18 earnings in early December.

Genovese expects the... More