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CIENA (CIEN) PT Raised to $39 at JPMorgan Following 3Q
August 31, 2018 7:05 AM EDTJPMorgan analyst, Samik Chatterjee, raised the price target on CIENA (NYSE: CIEN) to $39.00 (from $33.00) while maintaining a Overweight rating following the company's 3Q earnings report. Ciena reported much better than expected results, and another raise to the revenue growth guidance for the full year,... More
JPMorgan Remains Bullish on Ciena (CIEN) Following 3Q Report
August 30, 2018 8:38 AM EDTJPMorgan analyst, Samik Chatterjee, reiterated an Overweight rating and $33.00 price target on CIENA (NYSE: CIEN) following the company's 3Q earnings report. Revenues tracked at $819 mn vs. consensus of $792 (vs. management guidance of $775-$805 mn). EPS of $0.48 vs. consensus of $0.36.
Chatterjee expects the... More
