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Ciena (NYSE:CIEN) Price Target Lowered to $67.00 at Morgan Stanley

Ciena (NYSE:CIEN – Get Rating) had its price objective cut by Morgan Stanley from $74.00 to $67.00 in a research note issued to investors on Tuesday, Benzinga reports. The brokerage currently has an “equal weight” rating on the communications equipment provider’s stock. Morgan Stanley’s price target would suggest a potential upside of 17.19% from the […] ....

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Zacks: Analysts Expect Ciena Co. (NYSE:CIEN) Will Post Earnings of $0.54 Per Share

Equities analysts predict that Ciena Co. (NYSE:CIEN – Get Rating) will report $0.54 earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Six analysts have made estimates for Ciena’s earnings, with the highest EPS estimate coming in at $0.56 and the lowest estimate coming in at $0.51. Ciena posted earnings per share […] ....

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Ciena Co. (NYSE:CIEN) Expected to Announce Quarterly Sales of $951.02 Million

Wall Street brokerages predict that Ciena Co. (NYSE:CIEN – Get Rating) will post $951.02 million in sales for the current quarter, Zacks reports. Six analysts have issued estimates for Ciena’s earnings, with estimates ranging from $948.43 million to $955.90 million. Ciena reported sales of $833.93 million in the same quarter last year, which would suggest […] ....

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Ciena (NYSE:CIEN) Research Coverage Started at StockNews.com

StockNews.com initiated coverage on shares of Ciena (NYSE:CIEN – Get Rating) in a research report report published on Thursday. The firm issued a hold rating on the communications equipment provider’s stock. Other equities analysts have also recently issued research reports about the stock. Morgan Stanley raised their price target on shares of Ciena from $59.00 […] ....

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Jason Phipps Sells 2,863 Shares of Ciena Co. (NYSE:CIEN) Stock

Ciena Co. (NYSE:CIEN – Get Rating) SVP Jason Phipps sold 2,863 shares of Ciena stock in a transaction that occurred on Tuesday, March 22nd. The stock was sold at an average price of $59.66, for a total value of $170,806.58. The transaction was disclosed in a legal filing with the SEC, which is accessible through […] ....

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