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Fly News Breaks for June 7, 2019
CIEN
Jun 7, 2019 | 05:28 EDT
Goldman Sachs analyst Rod Hall raised his price target for Ciena to $53 from $45 saying the company last night reported a "strong beat and raise" with growth accelerating to 34% year-over-year in North America. The analyst came away from the quarter feeling that there is likely more share that Ciena can take. He reiterates a Buy rating on the shares.
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