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Fly News Breaks for December 11, 2015
CIEN
Dec 11, 2015 | 08:07 EDT
After Ciena provided lower than expected Q1 revenue guidance and the stock tumbled more than 16%, Argus says that the company's results are "lumpy," while its guidance is not a good predictor of its future results. The firm says the company remains "the premier company in the global optical communications space." It reiterates a Buy rating on the shares.
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