Ciena shares jump as first-quarter results beat across the board
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March 12, 2025 8:52 AM EDT
Northland analyst Tim Savageaux upgraded CIENA (NYSE: CIEN) from Market Perform to Outperform with a price target of $75.00.
The analyst comments "e noted expectations for a positive report from CIEN given clear improvements on the Service Provider side, along with some uncertainty in... More
March 11, 2025 12:43 PM EDT
Morgan Stanley analyst Meta Marshall lowered the price target on CIENA (NYSE: CIEN) to $76.00 (from $80.00) while maintaining a Equalweight rating.
The analyst comments "As previewed, CIEN beat Q1 estimates given strength primarily from service provider, growing 14% Y/Y, though cloud continues to see... More
March 11, 2025 12:35 PM EDT
Raymond James analyst Simon Leopold lowered the price target on CIENA (NYSE: CIEN) to $79.00 (from $91.00) while maintaining a Outperform rating.
The analyst comments "We maintain our Outperform rating following Cienas F1Q25 (January) report. Ciena exceeded expectations, guided April in line... More
