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Ciena (NYSE:CIEN – Free Report) had its price target increased by B. Riley from $67.00 to $68.00 in a research report sent to investors on Friday morning, Benzinga reports. B. Riley currently has a buy rating on the communications equipment provider’s stock. A number of other research firms also recently weighed in on CIEN. UBS […]
Ciena (NYSE:CIEN – Get Free Report) released its quarterly earnings data on Thursday. The communications equipment provider reported $0.75 EPS for the quarter, topping the consensus estimate of $0.69 by $0.06, MarketWatch Earnings reports. The business had revenue of $1.13 billion for the quarter, compared to analyst estimates of $1.10 billion. Ciena had a return […]
Future Fund LLC boosted its stake in Ciena Co. (NYSE:CIEN – Free Report) by 49.7% during the second quarter, HoldingsChannel reports. The firm owned 7,893 shares of the communications equipment provider’s stock after buying an additional 2,620 shares during the period. Ciena comprises about 3.2% of Future Fund LLC’s portfolio, making the stock its 16th […]
Rosenblatt Securities reissued their buy rating on shares of Ciena (NYSE:CIEN – Free Report) in a research note published on Tuesday morning, Benzinga reports. They currently have a $65.00 price objective on the communications equipment provider’s stock. A number of other research analysts also recently commented on the stock. Needham & Company LLC dropped their […]
PNC Financial Services Group Inc. lowered its position in Ciena Co. (NYSE:CIEN – Free Report) by 13.6% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 42,802 shares of the communications equipment provider’s stock after selling 6,725 shares during the period. PNC Financial Services […]