Evercore ISI Group Maintains In-Line on Ciena, Lowers Price Target to $47
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Amit Daryanani maintains an In-Line rating on Ciena (NYSE:CIEN) and lowers the price target from $50 to $47.
August 22, 2023 | 1:37 pm
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Evercore ISI Group has maintained an In-Line rating on Ciena and lowered the price target from $50 to $47.
The lowering of the price target by Evercore ISI Group indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Ciena's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100