AllianceBernstein Maintains Buy Rating on Ciena Corporation
Analyst Daniel Zhu of AllianceBernstein has reaffirmed a bullish rating on Ciena Corporation, maintaining a price target of $440.
Stocks · News reference
Analysts initiated coverage: Buy on FORM ($200), NUVB ($12); Outperform on CIEN ($440); Neutral on EXPD ($180); Equal-Weight on SFD ($22).
Reference Details
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
Keep reading
Analyst Daniel Zhu of AllianceBernstein has reaffirmed a bullish rating on Ciena Corporation, maintaining a price target of $440.
The iShares Semiconductor ETF is on a nine-session losing run unseen since May 2006, as the KOSPI posts its worst week since 2008, optical names suffer dot-com-era drops and Bank of America sees a Cisco echo.
Ryder System, Inc. has expanded its used commercial vehicle sales network by relocating its Kearny facility to Newark and opening a new sales center in North Bergen, New Jersey. The Newark location provides direct access to the Port of Newark and major transportation corridors, supporting Ryder's port-to-door strategy and operational efficiency. Both facilities offer used vehicle warranties and enhance Ryder's competitive position in the critical New York-New Jersey logistics hub.