Ciena (CIEN) Tops Q3 EPS by 24c, Revenues Beat

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CIENA (CIEN) PT Lowered to $54 at Stifel Following 3Q

September 4, 2020 6:55 AM EDT

Stifel analyst John Marchetti lowered the price target on CIENA (NYSE: CIEN) to $54.00 (from $61.00) while maintaining a Buy rating following the company's 3Q earnings. Revenue of $977m was in line with estimates. EPS of $1.06 was well above the consensus estimate of $0.83.

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Ciena (CIEN) CFO: See Restrained Spending Next Few Quarters - Bloomberg

September 3, 2020 8:51 AM EDT

Ciena (NYSE: CIEN) CFO: See Restrained Spending Next Few Quarters - Bloomberg

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