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Benzinga

Business

Priya Nigam

FOUND: Ciena hits record high orders this analyst raises forecasts on better visibility - You Need To See This

Ciena CIEN Rosenblatt Securities Mike Genovese

Ciena,Signpost,Near,Telecommunications,Equipment,Supplier,Office,In,Silicon,Valley

Ciena Corp (NYSE:CIEN) generated "impressive" earnings growth on record orders and strong operating leverage, according to Rosenblatt Securities.

The Ciena Analyst: Analyst Mike Genovese reaffirmed a Neutral rating, while raising the price target from $100.00 to $127.50.

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