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Fly News Breaks for March 9, 2017
CIEN
Mar 9, 2017 | 08:23 EDT
BMO Capital analyst Tim Long says that Ciena's weakness following its results was overdone. The analyst says that the company's demand metrics were "strong," while "2017 is shaping up largely as expected." Long continues to "view Ciena as a clear winner in the optical space," and he keeps a $30 price target and an Outperform rating on the stock.
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