Ciena (CIEN) call put ratio 2.82 calls to 1 put on elevated volatility into Q2

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CIENA (CIEN) PT Raised to $24 at Deutsche Bank Following 2Q

June 2, 2017 8:29 AM EDT

Deutsche Bank raised its price target on CIENA (NYSE: CIEN) to $24.00 (from $23.00) while maintaining a Hold rating. CIEN reported 2Q revenue of... More

CIENA (CIEN) PT Raised to $32.50 at Jefferies Following 2Q

June 2, 2017 8:14 AM EDT

Jefferies raised its price target on CIENA (NYSE: CIEN) to $32.50 (from $29.00) while maintaining a Buy rating. The company's 2Q revenue totaled $707 million versus the Street at $695 million. Non-GAAP EPS totaled $0.45. Street figures called for $0.37.

2017 and 2018 revenue estimates are getting bumped up marginally to $2.825 billion and... More

CIENA (CIEN) PT Raised to $32 at BMO Capital; Reiterates Outperform

June 2, 2017 6:55 AM EDT

BMO Capital raised its price target on CIENA (NYSE: CIEN) to $32.00 (from $30.00) while maintaining a Outperform rating. Ciena reported strong quarter results, with revenues, margins and EPS all topping our expectations and consensus.

3Q revenue guidance of $725 million at the midpoint was above... More