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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 […]