From Yahoo Finance: 2025-06-09 12:17:00

Ciena Corporation (NYSE:CIEN) is among the 10 tech stocks on Wall Street’s radar, with Northland analyst Tim Savageaux raising the price target to $85 and maintaining an Outperform rating after “mixed” fiscal Q2 results. Ciena delivers optical networking solutions for transport, routing, and automation. Despite the positive outlook, Evercore ISI analyst Amit Daryanani cut the price target to $75 and maintained an In Line rating due to revenue beating estimates but earnings per share falling short. Growth in the cloud segment drove revenue, but weaker margins impacted profits, highlighting ongoing margin challenges.



Read more at Yahoo Finance: Northland Raises Ciena (CIEN) Price Target, Maintains Outperform Rating