Ciena Corp. (CIEN) Posts Q4 Loss of 7c/Share; Guides Q1 Sales

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Despite Weak Numbers, Ciena Corp. (CIEN) Stock Holds Ground, Concerns Remain

December 14, 2012 11:51 AM EST

Yesterday morning, Ciena Corp. (NASDAQ: CIEN) missed estimates for Q4 and guided Q1 below Street estimates. The stock was also downgraded to Underweight by Barclays. Despite this, the stock is holding up fairly well.

"Numbers are down, but the stock is holding... More

Jefferies Views Ciena Corp (CIEN) Valuation as Fair

December 14, 2012 7:55 AM EST

Yesterday Ciena Corp (Nasdaq: CIEN) posting Q4 results that were a bit below consensus.

Commenting on developments, Jefferies analyst George C. Notter said, "While we remain concerned about longer term profitability and declining legacy products, we still believe the business may get an... More

BMO Capital Downgrades CIENA (CIEN) to Market Perform

December 14, 2012 6:59 AM EST

BMO Capital downgraded CIENA (NASDAQ: CIEN) from Outperform to Market Perform and cut their price target to $15 from $17 following Q4 results.

For an analyst ratings summary and ratings history on CIENA... More

Barclays Downgrades CIENA (CIEN) to Underweight

December 13, 2012 2:20 PM EST

Intra-day, Barclays downgraded CIENA (NASDAQ: CIEN) from Overweight to Underweight with a price target of $11.00 which following Q4 results and Q1 guidance.

For an analyst ratings summary and ratings history on CIENA... More