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.
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Northland Capital Markets analyst Tim Savageaux upgrades Ciena (NYSE:CIEN) from Market Perform to Outperform and raises the price target from $450 to $500.
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Needham analyst Ryan Koontz reiterates Ciena (NYSE:CIEN) with a Buy and maintains $600 price target.
Read original at benzingaCiena 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-foolWall Street analysts changed outlook on top names. See upgrades, downgrades and initiations on analyst ratings page. Analysts view on HONA stock.
Read original at benzinga