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11 Stocks Left Out of the Tech Rally. Some Could Be Buys.

The tech rally looks likely to continue but eventually the gains will have to spread beyond the “Magnificent Seven.” IBM, HP Inc., Cisco, and SoftBank could. ....

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Ciena expands partnership with Flex to make optical gear in US under BEAD, ET Telecom

“Ciena’s investments will support the U.S. government’s Broadband Equity Access and Deployment (BEAD) projects, create new jobs and help broadband service providers comply with the Build America, Buy America (BABA) requirements,” Ciena said. ....

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Ciena Co. (NYSE:CIEN) Shares Sold by Cetera Investment Advisers

Cetera Investment Advisers reduced its position in Ciena Co. (NYSE:CIEN – Free Report) by 15.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,210 shares of the communications equipment provider’s stock after selling 1,797 shares during the period. Cetera […] ....

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Needham & Company LLC Reiterates "Buy" Rating for Ciena (NYSE:CIEN)

Needham & Company LLC reissued their buy rating on shares of Ciena (NYSE:CIEN – Free Report) in a report issued on Tuesday, Benzinga reports. The brokerage currently has a $60.00 price objective on the communications equipment provider’s stock. Other research analysts have also issued reports about the company. Barclays decreased their target price on Ciena […] ....

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Penserra Capital Management LLC Purchases 14,985 Shares of Ciena Co. (NYSE:CIEN)

Penserra Capital Management LLC lifted its position in Ciena Co. (NYSE:CIEN – Free Report) by 8.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 183,010 shares of the communications equipment provider’s stock after purchasing an additional 14,985 shares during the quarter. Penserra […] ....

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