Form 4 CIENA CORP For: Jun 03 Filed by: SMITH GARY B
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/8/2026
- Wall St slips as steep oil prices stoke inflation concerns ahead of CPI
- Brent crude hits six-week high near $97 as Houthi strike targets Saudi Aramco
- Qualcomm stock surges 9.5% on Amazon AI deal & 25M share warrant
- Energy stocks rise premarket as oil prices climb on Middle East supply fears
- Novartis shares plunge 10% as failed drug trial clouds growth outlook
- Citi initiates UiPath coverage with Buy rating and $23 target
- Harry and Meghan surprised by King Charles' letter on their status
- WestPark Capital Starts Akebia Therapeutics (AKBA) at Buy
- Wall St slips as steep oil prices stoke inflation concerns ahead of CPI
- Qualcomm to issue warrant to Amazon for up to 25M shares
- After-Hours Movers: LULU, IOT, PATH, DOCU, ASAN, GWRE, ZS, PL, SWBI, OXM
- After-Hours Movers: AVGO, SNOW, HPE, NTAP, NTSK, CHPT, FIVE, TLYS, PVH, RARE
- After-Hours Movers: DELL, PANW, GTLB, CRDO, MDB, HPE, SMCI
- After-Hours Movers: WDAY, ADSK, S, RBRK, MRVL, ULTA, GAP, AFRM
- After-Hours Movers: NVDA, CRM, SNPS, CRWD, OKTA, NTNX
Argus Reiterates Buy Rating on CIENA (CIEN)
June 7, 2024 9:15 AM EDTArgus analyst Jim Kelleher reiterated a Buy rating and $76.00 price target on CIENA (NYSE: CIEN).
The analyst comments "Signs of service provider demand recovery. Ciena exceeded revenue and non-GAAP EPS expectations for fiscal 2Q24. The company guided full-year FY24 total... More
BofA Securities Reiterates Buy Rating on CIENA (CIEN)
June 7, 2024 4:54 AM EDTBofA Securities analyst Tal Liani reiterated a Buy rating and $59.00 price target on CIENA (NYSE: CIEN)
The analyst comments "Revenue of $910.8mn was higher than Streets expectations of $894.9mn, yet still reflecting a 19.6% decline YoY, mostly on lower service provider revenues. EPS was strong,... More
Stifel Reiterates Buy Rating on CIENA (CIEN)
June 6, 2024 2:57 PM EDTStifel analyst Ruben Roy reiterated a Buy rating and $62.00 price target on CIENA (NYSE: CIEN).
The analyst comments "CIEN reported F2Q results ahead of expectations but provided a F3Q outlook below consensus estimates as inventory digestion at large telecom SPs continues.... More
Evercore ISI Reiterates Outperform Rating on CIENA (CIEN)
June 6, 2024 10:51 AM EDTEvercore ISI analyst Amit Daryanani reiterated an Outperform rating and $60.00 price target on CIENA (NYSE: CIEN).
The analyst comments "CIEN reported April-qtr results with rev/EPS of $911M/0.27 vs. street at $896M/0.15 Overall sales were down ~20% y/y driven by declines in telco (-25%), cable (-29%) and webscale (-9%) verticals. Though worth noting CIEN is seeing initial signs of demand stability with telco... More
