Back

Ciena falls 10% as Citi sees 107% upside to $658 target

Verifying
  • Ciena shares fell 10% Thursday after issuing its fiscal-year revenue outlook.
  • Ciena forecast $6.42 billion revenue, plus or minus $50 million, for the year ending October.
  • LSEG data shows 14 of 20 Ciena analysts rate shares buy or strong buy.
The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.