Needham Reiterates Buy on Ciena, Maintains $600 Price Target
Needham analyst Ryan Koontz reiterates Ciena (NYSE:CIEN) with a Buy and maintains $600 price target.
Read original at benzingaStocks · News reference
Shares of fiber optic connectivity companies are trading higher amid sympathy with Lumentum Holdings after the company reported better-than-expected Q4 financial results and issued Q1 guidance above estimates.
Reference details
Connected markets
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
- Source
- benzinga
- Observed
- Aug 12, 2026, 2:28 PM
- Checked
- Aug 12, 2026, 2:28 PM
- Cadence
- Captured once, then retained as an archive reference
- Status
- fresh
Keep reading
Related headlines
Ciena CEO Sells 2,952 Shares for $1.3 Million
Ciena CEO Gary B. Smith sold 2,952 shares worth approximately $1.3 million on August 17, 2026, under a pre-established Rule 10b5-1 trading plan adopted in October 2025. The sale represents only 1% of his total holdings, with the CEO retaining 246,030 shares valued at $109.5 million. The transaction is characterized as routine and non-concerning for investors, occurring after the stock gained 390% over the past 12 months amid strong company performance with 30% revenue growth and 61% expected earnings growth.
Read original at the-motley-foolThis Ciena Analyst Turns Bullish; Here Are Top 5 Upgrades For Wednesday
Wall Street analysts changed outlook on top names. See upgrades, downgrades and initiations on analyst ratings page. Analysts view on HONA stock.
Read original at benzingaNorthland Capital Markets Upgrades Ciena to Outperform, Raises Price Target to $500
Northland Capital Markets analyst Tim Savageaux upgrades Ciena (NYSE:CIEN) from Market Perform to Outperform and raises the price target from $450 to $500.
Read original at benzingaWhy Is Coherent Stock Surging Thursday?
Coherent stock surged 2.8% premarket following Nvidia's upbeat AI outlook. Analysts maintain a Buy rating with a $402 average target.
Read original at benzingaApplied Optoelectronics, SanDisk, Seagate And Other Big Stocks Moving Lower In Monday’s Pre-Market Session
Stock futures mixed, Nasdaq 100 down 100 points. Applied Optoelectronics falls after announcing $600M offering. Other pre-market losers include RFAI, ZSTK, ZKH, JMIA, VALN, MFI, COHR, SNDK, AXTI, ASTL, LITE, STX.
Read original at benzinga