10 Analysts Have This to Say About Ciena
Portfolio Pulse from Benzinga Insights
In the last quarter, Ciena (NYSE:CIEN) received 5 bullish, 4 somewhat bullish, and 1 indifferent rating from 10 analysts. The average price target is $67.0, up 4.28% from the previous target of $64.25, implying an upside compared to the current price of $46.74.
May 31, 2023 | 9:01 pm
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POSITIVE IMPACT
Ciena received positive ratings from 10 analysts, with an average price target of $67.0, up 4.28% from the previous target, implying an upside compared to the current price of $46.74.
Ciena received predominantly positive ratings from analysts, with 9 out of 10 being bullish or somewhat bullish. The average price target has increased by 4.28% from the previous target, indicating a potential upside for the stock. This suggests that the stock price is likely to go up in the short term based on the analysts' opinions.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100