Ciena (CIEN) Tops Q2 EPS by 13c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/21/2026
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall Street sinks as bond yields rise, Walmart results disappoint
- Supermicro probe finds no senior management link to export violations
- Wolfe remains "broadly bullish on AI semis stocks", names Top Pick
CIENA (CIEN) PT Lowered to $50 at Evercore ISI
June 6, 2023 10:57 AM EDTEvercore ISI analyst Amit Daryanani lowered the price target on CIENA (NYSE: CIEN) to $50.00 (from $57.00) while maintaining a In Line rating.
The analyst comments " Net/Net: We think these pushouts are logical given how extended lead times had gotten. This should... More
Ciena (CIEN) gains as improving supply chain helps boost Q2 earnings
June 6, 2023 7:59 AM EDTTelecommunications firm Ciena (NYSE: CIEN) is trading higher Tuesday as investors reacted positively to the firm's second-quarter earnings release.
The company posted Q2 EPS of $0.74, $0.13 better than the analyst estimate of $0.61, with revenue for the quarter, which increased 19% year-on-year, coming in at $1.13 billion... More
