Evercore ISI Group Maintains In-Line on Ciena, Raises Price Target to $52
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Amit Daryanani maintains an In-Line rating on Ciena (NYSE:CIEN) and raises the price target from $47 to $52.
September 01, 2023 | 2:53 pm
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Evercore ISI Group maintains an In-Line rating on Ciena and raises the price target from $47 to $52.
The news is directly related to Ciena as the analyst from Evercore ISI Group maintains an In-Line rating on the company and raises the price target. This could potentially lead to an increase in the stock price in the short term as it indicates a positive outlook on the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100