Barclays Raises Price Target on Ciena Following Strong Financial Results

Ciena (CIEN) attracted attention as Barclays increased its price target for the networking company after it reported better-than-expected results in Q2 and provided strong guidance for Q3. The upgrade reflects improved performance across revenue, margins, and earnings per share.

By Chris Ciaccia, SA News Editor · Seeking Alpha ·

Barclays Raises Price Target on Ciena Following Strong Financial Results

Tickers: $CIEN

Topics: Earnings Stock Analysis

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