Ciena Corp. (CIEN) Tops Q3 EPS by 3c, Q4 Revenue Falls Short

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Go back to Ciena Corp. (CIEN) Tops Q3 EPS by 3c, Q4 Revenue Falls Short

Goldman Sachs Upgrades CIENA (CIEN) to Buy

September 5, 2014 6:34 AM EDT

Goldman Sachs upgraded CIENA (NYSE: CIEN) from Neutral to Buy with a price target of $26. (unchanged). The stock declined after the company reported Q3 results and issued guidance, but analyst Kent Schofiel is looking past Q4 and Q1.

"Heading into F3Q earnings, we had been concerned that consensus expectations required continued strong results from AT&T as well as a ramping of... More

Buy Ciena (CIEN) on Weakness - Needham & Company

September 4, 2014 3:11 PM EDT

CIENA (NYSE: CIEN) is down over 9% Thursday following disappointing Q3 results and Q4 outlook, but Needham & Company analyst Alex Henderson is telling clients to "buy on weakness"

"We think the major win at AT&T of Domain 2.0 leader opens up a major... More