Information Provided By:
Fly News Breaks for March 3, 2020
CIEN
Mar 3, 2020 | 08:39 EDT
Rosenblatt analyst Ryan Koontz said he expects Ciena (CIEN) to report Q1 results and give Q2 guidance that is in-line with estimates or better when it reports on March 5 following recent checks that indicate the company has seen steady sales growth from U.S. tier 1 carriers. Koontz believes Verizon's (VZ) metro optical spending remains very strong, CenturyLink (CTL) continues to ramp procurement with Ciena and that the company secured a meaningful new contract win at Charter (CHTR) in late 2019, he tells investors. He keeps a Buy rating and $47 price target on Ciena shares.
News For CIEN From the Last 2 Days
There are no results for your query CIEN