Needham Reiterates Buy on Ciena, Maintains $65 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Ryan Koontz has reiterated a Buy rating on Ciena (NYSE:CIEN) and maintained a price target of $65.
September 05, 2024 | 9:29 am
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Needham analyst Ryan Koontz has reiterated a Buy rating on Ciena and maintained a price target of $65, indicating confidence in the company's future performance.
The reiteration of a Buy rating and maintenance of a $65 price target by Needham suggests a positive outlook for Ciena, likely boosting investor confidence and potentially leading to a short-term increase in stock price.
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