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Stock Market & Financial Investment News

News Breaks
May 30, 2014
06:55 EDTCIENCiena June volatility elevated into Q2 results and outlook
Ciena June call option implied volatility is at 56, July is at 47, October is at 42, January is at 40; compared to its 26-week average of 46 according to Track Data, suggesting large near term price movement into the expected release of Q2 results on June 5.
News For CIEN From The Last 14 Days
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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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