Rosenblatt Reiterates Buy on Ciena, Maintains $65 Price Target
Portfolio Pulse from Benzinga Newsdesk
Rosenblatt analyst Mike Genovese has reiterated a Buy rating on Ciena (NYSE:CIEN) and maintained a $65 price target.
March 08, 2024 | 6:37 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Rosenblatt maintains a Buy rating and a $65 price target on Ciena, indicating a positive outlook on the stock.
The reiteration of a Buy rating and maintenance of a $65 price target by a reputable analyst like Mike Genovese from Rosenblatt signals a strong vote of confidence in Ciena's future performance. This endorsement is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100