Ciena (CIEN) Rated Strong Sell at Off Wall Street
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UPDATE: Ciena (CIEN) Defended at Raymond James
October 27, 2015 11:34 AM EDT(Updated - October 27, 2015 3:04 PM EDT)
Ciena (NYSE: CIEN) was defended at Raymond James after it was targeted in a short report earlier by Off Wall Street. Analyst Simon Leopold address several concerns, including carrier capex, threat from Infinera (NASDAQ: INFN) and white box, and margins trends. Concerns were described as "unfounded, oversimplified, or incorrect."
"While we have all known that carrier capital expenditures are weak and declining in 2015, Cienas portion is faring better, and more... More
