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June 10, 2023
Ciena (NYSE:CIEN – Get Rating) had its price objective lowered by JPMorgan Chase & Co. from $67.00 to $65.00 in a research report released on Wednesday morning, The Fly reports. Several other research firms have also recently commented on CIEN. Westpark Capital initiated coverage on shares of Ciena in a research note on Wednesday, April […]
June 10, 2023
Granahan Investment Management LLC boosted its stake in Ciena Co. (NYSE:CIEN – Get Rating) by 27.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 213,614 shares of the communications equipment provider’s stock after acquiring an additional 46,563 shares during the […]
June 9, 2023
Penserra Capital Management LLC decreased its position in Ciena Co. (NYSE:CIEN – Get Rating) by 15.6% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 178,125 shares of the communications equipment provider’s stock after selling 32,811 shares during the period. Penserra Capital Management LLC owned about 0.12% […]
June 9, 2023
Neo Ivy Capital Management acquired a new position in shares of Ciena Co. (NYSE:CIEN – Get Rating) in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 12,636 shares of the communications equipment provider’s stock, valued at approximately $644,000. Other institutional investors and hedge funds have also made […]
June 8, 2023
Ciena (NYSE:CIEN – Get Rating) had its target price lowered by Rosenblatt Securities from $65.00 to $57.00 in a research report released on Wednesday morning, The Fly reports. Several other equities analysts have also recently weighed in on CIEN. Barclays cut their target price on shares of Ciena from $74.00 to $66.00 in a research […]
June 8, 2023
Ciena (NYSE:CIEN – Get Rating) had its price target decreased by JPMorgan Chase & Co. from $67.00 to $65.00 in a research report released on Wednesday morning, The Fly reports. Other equities analysts have also issued research reports about the company. Rosenblatt Securities reiterated a buy rating and set a $65.00 target price on shares […]
June 8, 2023
DigitalBridge Group Inc. lifted its position in Ciena Co. (NYSE:CIEN – Get Rating) by 9.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 181,644 shares of the communications equipment provider’s stock after buying an additional 15,215 shares during the quarter. Ciena comprises […]
June 8, 2023
Ciena (NYSE:CIEN – Get Rating) announced its quarterly earnings results on Tuesday. The communications equipment provider reported $0.74 earnings per share for the quarter, topping analysts’ consensus estimates of $0.61 by $0.13, MarketWatch Earnings reports. Ciena had a return on equity of 9.31% and a net margin of 5.02%. The firm had revenue of $1.13 […]
June 8, 2023
Ciena (NYSE:CIEN – Get Rating) released its quarterly earnings data on Tuesday. The communications equipment provider reported $0.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.61 by $0.13, MarketWatch Earnings reports. Ciena had a return on equity of 9.31% and a net margin of 5.02%. The company had revenue of […]
June 8, 2023
Ciena (NYSE:CIEN – Get Rating) announced its earnings results on Tuesday. The communications equipment provider reported $0.74 EPS for the quarter, topping analysts’ consensus estimates of $0.61 by $0.13, MarketWatch Earnings reports. The firm had revenue of $1.13 billion during the quarter, compared to analysts’ expectations of $1.09 billion. Ciena had a return on equity […]