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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 earnings per share for the quarter, beating the consensus estimate of $0.69 by $0.06, MarketWatch Earnings reports. The company had revenue of $1.13 billion for the quarter, compared to analyst estimates of $1.10 billion. Ciena had […]
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 […]
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 […]
Ciena Co. (NYSE:CIEN – Get Free Report) was the recipient of a significant increase in short interest during the month of October. As of October 31st, there was short interest totalling 4,020,000 shares, an increase of 30.1% from the October 15th total of 3,090,000 shares. Approximately 2.8% of the shares of the company are sold […]