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Stock Market & Financial Investment News

News Breaks
March 7, 2014
06:40 EDTCIENCiena pullback a buying opportunity, says William Blair
William Blair recommends buying shares of Ciena on weakness following yesterday's Q1 results. The firm says the company's investor day in April is the next catalyst and shares are attractively valued at current levels. It reiterates an Outperform rating on Ciena.
News For CIEN From The Last 14 Days
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May 27, 2015
14:28 EDTCIENJuniper, Ciena unlikely to be acquired by Ericsson, says Citigroup
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11:46 EDTCIENRaymond James doubts Ericsson will buy Juniper or Ciena
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May 26, 2015
07:34 EDTCIENCiena price target raised to $28 from $21 at RBC Capital
RBC Capital increased its revenue estimates for Ciena above consensus, as the firm expects the company to benefit from strong optical growth ,share gains, and TAM expansion. The firm thinks the stock's multiple may rise, while the shares could reach $40 if the company exercises "better margin discipline." However, RBC keeps a Sector Perform rating on the shares.

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