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Cien-20230330 UNITED STATES ... | April 3, 2023

Ciena (NYSE:CIEN – Get Rating) had its price objective upped by Loop Capital from $69.00 to $71.00 in a research note published on Thursday morning, The Fly reports. Loop Capital currently has a buy rating on the communications equipment provider’s stock. Several other research analysts have also issued reports on the stock. Citigroup lifted their […]

Morgan Stanley lowered shares of Ciena (NYSE:CIEN – Get Rating) from an overweight rating to an equal weight rating in a research report released on Wednesday morning, MarketBeat.com reports. They currently have $57.00 target price on the communications equipment provider’s stock, down from their previous target price of $59.00. CIEN has been the topic of […]

Several brokerages have updated their recommendations and price targets on shares of Ciena (NYSE: CIEN) in the last few weeks: 3/30/2023 – Ciena had its price target raised by analysts at Loop Capital from $69.00 to $71.00. 3/29/2023 – Ciena was downgraded by analysts at Morgan Stanley from an “overweight” rating to an “equal weight” […]

PSI Advisors LLC grew its stake in Ciena Co. (NYSE:CIEN – Get Rating) by 6.8% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 7,846 shares of the communications equipment provider’s stock after buying an additional 500 shares during the period. PSI Advisors LLC’s holdings in Ciena were worth $400,000 as of its most […]

California Public Employees Retirement System boosted its position in shares of Ciena Co. (NYSE:CIEN – Get Rating) by 20.7% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 349,802 shares of the communications equipment provider’s stock after buying an additional 60,093 shares during the quarter. California Public Employees Retirement System’s holdings in Ciena were worth […]

Van ECK Associates Corp lifted its position in shares of Ciena Co. (NYSE:CIEN – Get Rating) by 9.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,242 shares of the communications equipment provider’s stock after acquiring an additional 352 shares during the […]

Ciena (NYSE:CIEN – Get Rating) had its price objective cut by Northland Securities from $53.00 to $45.00 in a report issued on Friday, The Fly reports. They currently have a market perform rating on the communications equipment provider’s stock. CIEN has been the subject of several other research reports. Rosenblatt Securities lowered their target price […]

Swiss National Bank grew its stake in shares of Ciena Co. (NYSE:CIEN – Get Rating) by 7.6% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 366,400 shares of the communications equipment provider’s stock after acquiring an additional 25,800 shares during the period. Swiss National Bank’s holdings in Ciena were worth $22,215,000 at the […]

Ciena (NYSE:CIEN – Get Rating) had its target price cut by research analysts at Morgan Stanley from $64.00 to $56.00 in a note issued to investors on Tuesday, Stock Target Advisor reports. The firm presently has an “equal weight” rating on the communications equipment provider’s stock. Morgan Stanley’s price objective would suggest a potential upside […]