Ciena (NYSE:CIEN – Get Free Report) had its target price dropped by equities researchers at Needham & Company LLC from $60.00 to $50.00 in a research report issued on Monday, Marketbeat Ratings reports. The firm currently has a “buy” rating on the communications equipment provider’s stock. Needham & Company LLC’s price target would suggest a […]
Ciena (NYSE:CIEN – Free Report) had its price objective cut by Evercore ISI from $50.00 to $47.00 in a research report released on Tuesday morning, Marketbeat Ratings reports. They currently have an in-line rating on the communications equipment provider’s stock. Other research analysts also recently issued reports about the stock. Jefferies Financial Group lowered their […]
Mount Yale Investment Advisors LLC cut its holdings in Ciena Co. (NYSE:CIEN – Free Report) by 6.2% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,402 shares of the communications equipment provider’s stock after selling 957 shares during the quarter. Mount Yale […]
Paralel Advisors LLC raised its stake in Ciena Co. (NYSE:CIEN – Free Report) by 2.7% in the first quarter, Holdings Channel reports. The fund owned 29,976 shares of the communications equipment provider’s stock after purchasing an additional 788 shares during the quarter. Paralel Advisors LLC’s holdings in Ciena were worth $1,574,000 at the end of […]
Ciena Co. (NYSE:CIEN – Get Free Report) SVP Scott Mcfeely sold 2,000 shares of the company’s stock in a transaction dated Tuesday, August 15th. The shares were sold at an average price of $41.76, for a total value of $83,520.00. Following the completion of the sale, the senior vice president now owns 90,892 shares of […]