Rosenblatt Reiterates Buy on Ciena, Maintains $57 Price Target
Portfolio Pulse from richadhand@benzinga.com
Rosenblatt analyst Mike Genovese has reiterated a Buy rating on Ciena (NYSE:CIEN) and maintained a $57 price target.
June 15, 2023 | 11:08 am
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Rosenblatt analyst Mike Genovese reiterates a Buy rating on Ciena (NYSE:CIEN) and maintains a $57 price target.
The reiteration of a Buy rating and maintenance of a $57 price target by Rosenblatt analyst Mike Genovese indicates a positive outlook for Ciena's stock. This news is likely to have a positive impact on the stock price in the short term as it reaffirms the analyst's confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100