This stock remains a 'core AI holding' says Citi
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CIENA (CIEN) PT Raised to $91 at Raymond James
December 12, 2024 3:56 PM ESTRaymond James analyst Simon Leopold raised the price target on CIENA (NYSE: CIEN) to $91.00 (from $60.00) while maintaining a Outperform rating.
The analyst comments "We maintain our Outperform rating following Cienas F4Q24 (Oct.) report. Ciena exceeded quarterly sales expectations, but the outlook was the... More
B.Riley Reiterates Buy Rating on CIENA (CIEN)
December 12, 2024 10:08 AM ESTB.Riley analyst Dave King reiterated a Buy rating and $68.00 price target on CIENA (NYSE: CIEN)
The analyst comments "The inventory correction cycle in the NA telecom market is over while the cloud segment remains strong. On Thursday (12/12), BMO, Ciena (CIEN Buy, $68 PT) reported F4Q revenue/EPS of $1,124M/$0.54, compared with consensus estimates of $1,103M/$0.65. The EPS miss was due to an excess... More
Citi on Apple (AAPL): 'We remain optimistic about iPhone 17 refresh cycle'
December 11, 2024 4:25 PM ESTCiti analyst Atif Malik reiterated a Buy rating and $255.00 price target on Apple (NASDAQ: AAPL).
The analyst comments "Apple released iOS 18.2 today (Dec 11) with additional features for Apple Intelligence, including the highly anticipated ChatGPT integration into Siri and Writing Tools, Image Playground, Visual Intelligence, Genmoji, Image... More
