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Fly News Breaks for March 5, 2020
CIEN
Mar 5, 2020 | 14:38 EDT
Ciena reported another strong quarter beating top and bottom line consensus estimates, Piper Sandler analyst Troy Jensen tells investors in a research note. The company has delivered on its promise to be the first to market with an 800G solution, says the analyst. Jensen views Ciena as one of the best investment opportunities in optics and reiterates an Overweight rating on the shares with a $50 price target.
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