Franklin Resources Inc. boosted its position in shares of Ciena Co. (NYSE:CIEN – Get Rating) by 3.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 93,976 shares of the communications equipment provider’s stock after acquiring an additional 3,209 shares during the period. […]
Ciena (NYSE:CIEN – Get Rating) had its price target lowered by equities research analysts at Cowen from $82.00 to $71.00 in a report released on Friday, The Fly reports. The firm currently has an “outperform” rating on the communications equipment provider’s stock. Cowen’s price objective indicates a potential upside of 60.56% from the company’s current […]
Ciena (NYSE:CIEN – Get Rating) had its target price cut by Cowen from $82.00 to $71.00 in a research report report published on Friday, Stock Target Advisor reports. They currently have an outperform rating on the communications equipment provider’s stock. CIEN has been the subject of a number of other reports. B. Riley raised shares […]
Ciena (NYSE:CIEN – Get Rating) had its price objective cut by Northland Securities from $53.00 to $45.00 in a report issued on Friday, The Fly reports. They currently have a market perform rating on the communications equipment provider’s stock. CIEN has been the subject of several other research reports. Rosenblatt Securities lowered their target price […]
Scotia Capital Inc. acquired a new stake in Ciena Co. (NYSE:CIEN – Get Rating) in the first quarter, Holdings Channel reports. The institutional investor acquired 7,306 shares of the communications equipment provider’s stock, valued at approximately $443,000. A number of other institutional investors and hedge funds also recently added to or reduced their stakes in […]