Analyst Expectations for Ciena's Future
Portfolio Pulse from Benzinga Insights
In the last quarter, analysts have provided mostly bullish ratings for Ciena (NYSE:CIEN), with an average 12-month price target of $67.0. The average price target has increased by 4.28% over the past month.
May 31, 2023 | 12:06 pm
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Ciena (NYSE:CIEN) has received mostly bullish ratings from analysts in the last quarter, with an average 12-month price target of $67.0, up 4.28% in the past month.
The majority of analysts have provided bullish ratings for Ciena in the last quarter, indicating a positive outlook for the stock. The average 12-month price target has also increased by 4.28% over the past month, suggesting that analysts are becoming more optimistic about the company's future performance. This is likely to have a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100