Ciena Corp. (CIEN) Posts Surprise Q2 Profit; Guides Q3 Revs Above Views

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Go back to Ciena Corp. (CIEN) Posts Surprise Q2 Profit; Guides Q3 Revs Above Views

Nomura Securities Sees More Upside in CIENA (CIEN) Following Solid Q2, Outlook

June 7, 2013 8:15 AM EDT

Nomura Securities reiterated a Buy rating and raised its price target on CIENA (NASDAQ: CIEN) from $20 to $23 following solid Q2 results.

Nomura analyst Stuart Jeffrey comments, "Breaking of the dam. Strong order bookings have not converted into revenue as expected in... More

Needham & Company Boosts Numbers on CIENA (CIEN) on Strong Q2

June 7, 2013 7:59 AM EDT

Needham & Company boosted its price target on Buy-rated CIENA (NASDAQ: CIEN) from $19 to $22 following strong Q2 results and an upbeat conference call.

Analyst Alex Henderson comments "Finally, Ciena Looks Like Its Getting the Coherent/OTN/CG-Ethernet Demand We Have Been Waiting... More