Ciena shares falls despite earnings and revenue beat
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CIENA (CIEN) PT Raised to $600 at Needham
June 4, 2026 4:31 PM EDTNeedham analyst Ryan Koontz raised the price target on CIENA (NYSE: CIEN) to $600.00 (from $470.00) while maintaining a Buy rating.
The analyst commented, "CIEN reported strong F2Q26 results, with rev/NG EPS +4%/+$0.18 vs consensus, and raised F26 revenue guidance above consensus... More
