Lazard Remains Cautious on Ciena (CIEN); Would Like Increased Visibility Into Revs, GM
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Nomura Securities Sees More Upside in CIENA (CIEN) Following Solid Q2, Outlook
June 7, 2013 8:15 AM EDTNomura Securities reiterated a Buy rating and raised its price target on CIENA (NASDAQ: CIEN) from $20 to $23 following solid Q2 results.
Nomura analyst Stuart Jeffrey comments, "Breaking of the dam. Strong order bookings have not converted into revenue as expected in... More
Needham & Company Boosts Numbers on CIENA (CIEN) on Strong Q2
June 7, 2013 7:59 AM EDTNeedham & Company boosted its price target on Buy-rated CIENA (NASDAQ: CIEN) from $19 to $22 following strong Q2 results and an upbeat conference call.
Analyst Alex Henderson comments "Finally, Ciena Looks Like Its Getting the Coherent/OTN/CG-Ethernet Demand We Have Been Waiting... More
Ciena Corp. (CIEN) Posts Surprise Q2 Profit; Guides Q3 Revs Above Views
June 6, 2013 7:01 AM EDT(Updated - June 6, 2013 7:20 AM EDT)
Ciena Corp. (Nasdaq: CIEN) reported Q2 EPS of $0.02, $0.03 better than the analyst estimate of ($0.01). Revenue for the quarter came in at $507.7 million versus the consensus estimate of $483.34 million.
Revs were an improvement of 6.3 percent from last... More
