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Analyst IMS Investment Management Services Ltd. bought a new position in Ciena in the third quarter valued at $1,029,000.
Artemis Investment Management LLP’s holdings in Ciena were worth $26,198,000 as of its most recent SEC filing.
Belpointe Asset Management LLC purchased a new position in shares of Ciena in the 4th quarter valued at $33,000.
B. Riley boosted their price objective on shares of Ciena from $60.00 to $67.00 and gave the stock a buy rating in a research note on Friday, September 1st.
Source: https://www.etfdailynews.com/2023/10/01/ciena-nysecien-now-covered-by-stifel-nicolaus/
Equities analysts predict that Ciena Co. will post 2.02 EPS for the current year.
Evercore ISI upped their target price on shares of Ciena from $47.00 to $52.00 and gave the company an “in-line” rating in a report on Friday, September 1st.
Finally, Barclays increased their price objective on shares of Ciena from $71.00 to $74.00 and gave the company an “overweight” rating in a research note on Tuesday, March 7th.
Finally, Evercore ISI upped their price objective on shares of Ciena to $55.00 in a research note on Monday, December 12th.
Source: https://www.etfdailynews.com/2023/01/19/ciena-co-nysecien-shares-bought-by-van-eck-associates-corp/
Finally, Evercore ISI upped their target price on shares of Ciena from $47.00 to $52.00 and gave the company an “in-line” rating in a report on Friday, September 1st.
Finally, UBS Group upped their price objective on shares of Ciena from $48.00 to $52.00 and gave the company a neutral rating in a research note on Friday, September 1st.
Source: https://www.etfdailynews.com/2023/12/02/ciena-nysecien-given-buy-rating-at-rosenblatt-securities/
Norges Bank acquired a new stake in shares of Ciena in the fourth quarter valued at $66,942,000.
Norges Bank bought a new position in Ciena in the fourth quarter worth about $66,942,000.
Source: https://www.americanbankingnews.com/2023/03/07/ciena-nysecien-pt-raised-to-74-00-at-barclays.html
On average, sell-side analysts anticipate that Ciena Co. will post 1.9 earnings per share for the current fiscal year.
Private Trust Co. NA raised its stake in shares of Ciena by 115.1% during the 3rd quarter.
Rosenblatt Securities cut their price target on shares of Ciena from $65.00 to $57.00 in a research note on Wednesday, June 7th.
Source: https://www.americanbankingnews.com/2023/08/19/ciena-co-nysecien-svp-sells-83520-00-in-stock.html
Rosenblatt Securities reaffirmed a buy rating and set a $65.00 price target on shares of Ciena in a research report on Tuesday, February 28th.