Ciena Corp. (CIEN) Posts Surprise Q2 Profit; Guides Q3 Revs Above Views
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Nomura Securities Sees More Upside in CIENA (CIEN) Following Solid Q2, Outlook
June 7, 2013 8:15 AM EDTNomura 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 EDTNeedham & 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
