Form 8-K CIENA CORP For: Sep 01

Go back to Form 8-K CIENA CORP For: Sep 01

CIENA (CIEN) PT Lowered to $65 at Rosenblatt

September 2, 2022 7:17 AM EDT

Rosenblatt analyst Mike Genovese lowered the price target on CIENA (NYSE: CIEN) to $65.00 (from $70.00) while maintaining a Buy rating.

The analyst commented, "Ciena missed 3QFY22 revenues and GMs and guided 4QFY22 significantly below expectations due to the shortage of a few key... More

CIENA (CIEN) PT Lowered to $70 at Needham & Company

September 1, 2022 4:53 PM EDT

Needham & Company analyst Alex Henderson lowered the price target on CIENA (NYSE: CIEN) to $70.00 (from $88.00) while maintaining a Buy rating following earnings.

The analyst commented, "Supply chain not demand hurt Ciena's print and FY4Q guide. Ciena posted a... More