Ciena Corp. (CIEN) Tops Q2 EPS by 4c; Guides Q3 Revs Above Views
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CIENA (CIEN) Bullish Stance Reiterated at Needham & Company on Strong Results/Outlook
June 5, 2014 1:14 PM EDTNeedham & Company analyst Alex Henderson reiterated his Strong Buy rating and $31 price target on CIENA (NYSE: CIEN) following strong Q2 result and guidance and a bullish call.
Henderson said, "Ciena reports as solid quarter, offers a solid guide with a positive mix shift setting up improving results. Ciena positively surprised versus an increasingly bearish view, which had been developing on the Street since the AT&T and Verizon CY1Q results and offered a... More
CIENA (CIEN) Outperform Rating Reiterated at Wells Fargo
June 5, 2014 12:50 PM EDTWells Fargo maintained an Outperform rating on CIENA (NYSE: CIEN) with a price target of $27. Analyst Jess Lubert noted solid Q2 results driven by packet optical transport and carrier Ethernet businesses.
"Ciena reported solid FQ2 results with strength in the packet optical transport and... More
