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CIENA (CIEN) PT Raised to $80 at Jefferies

October 9, 2024 5:52 AM EDT

Jefferies analyst George Notter raised the price target on CIENA (NYSE: CIEN) to $80.00 (from $65.00) while maintaining a Buy rating.

The analyst comments "Ciena recently hosted a webcast discussing their growth strategy regarding AI. We came away excited about their willingness to... More