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CIEN

Ciena

$36.51

-2.74 (-6.98%)

04:55
10/02/19
10/02
04:55
10/02/19
04:55

Ciena management to meet with Northland

Meeting to be held in New York on October 2 hosted by Northland.

  • 02

    Oct

CIEN Ciena
$36.51

-2.74 (-6.98%)

09/10/19
EVER
09/10/19
INITIATION
EVER
Outperform
Ciena initiated with an Outperform at Evercore ISI
Evercore ISI analyst Amit Daryanani initiated Ciena with an Outperform rating and $48 price target. The analyst said he expects Ciena to see prolonged share gains due to "incrementally weaker" competition. Daryanani added that Ciena should be able to increase share gains as it has a leading position with hyperscale vendors and presence in high growth areas such as India, Japan, and others.
09/18/19
MKMP
09/18/19
NO CHANGE
Target $51
MKMP
Buy
Ciena decline in sympathy with Corning a 'buying opportunity', says MKM Partners
MKM Partners analyst Michael Genovese kept his Buy rating and $51 price target on Ciena (CIEN), saying yesterday's 2% decline in its stock price coming in sympathy with the negative pre-announcement ant Corning (GLW) was misplaced and represents a "buying opportunity". The analyst notes that Corning has referenced lower Telco capital expenditure on cable deployments and "Fiber to the Home" projects, but states that Ciena has no exposure to that market. Genovese does warn however that Corning called out reduced Data Center fiber spending among some enterprise customers and sees that slowdown potentially impacting Cisco (CSCO), F5 Networks (FFIV), and Juniper (JNPR).
10/01/19
LYNX
10/01/19
NO CHANGE
LYNX
Ciena selloff on 'bogus' seasonality interpretation 'unwarranted,' says Lynx
Lynx Equity Strategies analysts Jahanara Nissar and KC Rajkumar attribute weakness today in Ciena shares, which are down over 7%, to a new IR presentation on the company's website that references historical seasonality in quarterly orders. The historical seasonality for Q1 is being applied by some to the actual FY20 outlook to infer that the Q1 guidance could be below consensus, but "this interpretation is kinda bogus" since historical seasonality has less significance for future quarters for companies in the midst of strong product cycles, like Ciena, the analysts tell investors. The analysts, who call the selloff in the stock "unwarranted," note that Ciena's Q4 guidance is unchanged and that if the company intended to issue Q1 guidance they would have to put out a press release and an SEC filing.
10/01/19
GSCO
10/01/19
NO CHANGE
GSCO
Buy
Goldman adjusts Ciena Q1 estimates, says pullback overdone
Goldman Sachs analyst Rod Hall reduced his Q1 estimates for Ciena after the company updated its Fall 2019 investor presentation with a new slide on historical seasonality, which he notes was below what he had modeled. However, the company's outlook is unchanged and he keeps his full year revenue estimates roughly unchanged, Hall tells investors. The analyst, who remains positive on Ciena's growth prospects, reiterates a Buy rating on the shares and said today's stock reaction has been overdone. Though he can understand "why prudent investors may want to interpret this as a downtick," Hall said Ciena has not made any changes to its guidance or competitive share position.

TODAY'S FREE FLY STORIES

MNST

Monster Beverage

$57.81

-0.38 (-0.65%)

15:17
11/11/19
11/11
15:17
11/11/19
15:17
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Monster Beverage analyst commentary  »

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$NSD

NASDAQ Market Internals

$0.00

(0.00%)

15:17
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15:17
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$NYE

NYSE Market Internals

15:16
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11/11
15:16
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15:16
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NYSE market internals summary »

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DXC

DXC Technology

$29.63

-0.45 (-1.50%)

15:04
11/11/19
11/11
15:04
11/11/19
15:04
Options
DXC Technology options imply 23.0% move in share price post-earnings »

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  • 11

    Nov

MRK

Merck

$83.09

-0.5 (-0.60%)

15:01
11/11/19
11/11
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15:01
Hot Stocks
Merck reports ERVEBO vaccine granted conditional approval in EU »

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  • 18

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    Jan

  • 05

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    Mar

BTI

British American Tobacco

$37.41

0.38 (1.03%)

, MO

Altria Group

$46.49

0.08 (0.17%)

14:51
11/11/19
11/11
14:51
11/11/19
14:51
Hot Stocks
Trump says will meet with representatives of the vaping industry »

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BTI

British American Tobacco

$37.41

0.38 (1.03%)

MO

Altria Group

$46.49

0.08 (0.17%)

IMBBY

Imperial Brands

$0.00

(0.00%)

PM

Philip Morris

$83.70

0.11 (0.13%)

03/08/13
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  • 12

    Nov

WMGI

Wright Medical

$29.39

-0.01 (-0.03%)

14:49
11/11/19
11/11
14:49
11/11/19
14:49
Options
Wright Medical options imply 3.5% move in share price post-earnings »

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COG

Cabot Oil & Gas

$17.86

-0.515 (-2.80%)

14:45
11/11/19
11/11
14:45
11/11/19
14:45
Options
Cabot Oil & Gas call volume above normal and directionally bullish »

Bullish option flow…

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TOT

Total

$54.72

-0.08 (-0.15%)

, USO

United States Oil Fund

$11.94

-0.055 (-0.46%)

14:27
11/11/19
11/11
14:27
11/11/19
14:27
Periodicals
Total CEO sees weak oil demand growth next year, Bloomberg says »

Total CEO Patrick…

TOT

Total

$54.72

-0.08 (-0.15%)

USO

United States Oil Fund

$11.94

-0.055 (-0.46%)

03/08/13
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KMB

Kimberly-Clark

$131.12

-0.37 (-0.28%)

, ACN

Accenture

$189.95

0.34 (0.18%)

14:25
11/11/19
11/11
14:25
11/11/19
14:25
Periodicals
Kimberly-Clark moving some ad duties to Accenture from WPP, WSJ says »

Kimberly-Clark (KMB) has…

KMB

Kimberly-Clark

$131.12

-0.37 (-0.28%)

ACN

Accenture

$189.95

0.34 (0.18%)

WPP

WPP

$64.60

-0.01 (-0.02%)

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 11

    Nov

  • 19

    Nov

  • 19

    Dec

  • 23

    Jan

WPP

WPP

$64.60

-0.01 (-0.02%)

, ACN

Accenture

$190.05

0.44 (0.23%)

14:21
11/11/19
11/11
14:21
11/11/19
14:21
Periodicals
Kimberly-Clark moving some ad duties to Accenture from WPP, WSJ says »

Kimberly-Clark (KMB) has…

WPP

WPP

$64.60

-0.01 (-0.02%)

ACN

Accenture

$190.05

0.44 (0.23%)

KMB

Kimberly-Clark

$131.12

-0.37 (-0.28%)

03/08/13
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03/06/13
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03/06/13
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  • 11

    Nov

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    Nov

  • 19

    Dec

  • 23

    Jan

MS

Morgan Stanley

$49.30

0.15 (0.31%)

14:20
11/11/19
11/11
14:20
11/11/19
14:20
Options
Heavy bullish option flow in Morgan Stanley January term »

Heavy bullish option flow…

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  • 11

    Nov

  • 12

    Nov

BABA

Alibaba

$186.42

-0.69 (-0.37%)

, AAPL

Apple

$261.99

1.79 (0.69%)

14:17
11/11/19
11/11
14:17
11/11/19
14:17
Hot Stocks
Alibaba reports 11.11 gross merchandise volume grew 26% year-over-year to $38.4B »

Alibaba Group (BABA)…

BABA

Alibaba

$186.42

-0.69 (-0.37%)

AAPL

Apple

$261.99

1.79 (0.69%)

EL

Estee Lauder

$186.46

-0.81 (-0.43%)

GPS

Gap

$17.01

0.32 (1.92%)

LRLCY

L'Oreal

$0.00

(0.00%)

LEVI

Levi Strauss

$17.07

-0.06 (-0.35%)

NSRGY

Nestle

$0.00

(0.00%)

NKE

Nike

$89.89

0.09 (0.10%)

VFC

VF Corp.

$86.52

-0.56 (-0.64%)

UA

Under Armour

$15.81

-0.07 (-0.44%)

UAA

Under Armour

$17.53

-0.02 (-0.11%)

03/08/13
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  • 15

    Nov

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    Nov

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    Nov

  • 06

    Feb

$NSD

NASDAQ Market Internals

$0.00

(0.00%)

14:17
11/11/19
11/11
14:17
11/11/19
14:17
Technical Analysis
NASDAQ market internals summary »

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$NYE

NYSE Market Internals

$0.00

(0.00%)

14:16
11/11/19
11/11
14:16
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14:16
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NYSE market internals summary »

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PCG

PG&E

$6.05

-0.42 (-6.49%)

14:13
11/11/19
11/11
14:13
11/11/19
14:13
Periodicals
CA governor raises objections to $11B PG&E insurance deal, WSJ reports »

California Governor Gavin…

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  • 12

    Nov

  • 07

    Jan

AUPH

Aurinia Pharmaceuticals

$5.05

-0.085 (-1.66%)

14:05
11/11/19
11/11
14:05
11/11/19
14:05
Options
Aurinia Pharmaceuticals call volume above normal and directionally bullish »

Bullish option flow…

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  • 14

    Nov

LPCN

Lipocine

$0.78

-1.945 (-71.38%)

14:04
11/11/19
11/11
14:04
11/11/19
14:04
Recommendations
Lipocine analyst commentary  »

Lipocine price target…

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FIT

Fitbit

$6.93

-0.13 (-1.84%)

13:55
11/11/19
11/11
13:55
11/11/19
13:55
Options
Fitbit put volume heavy and directionally bearish »

Bearish flow noted in…

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DB

Deutsche Bank

$7.61

-0.02 (-0.26%)

13:45
11/11/19
11/11
13:45
11/11/19
13:45
Options
Deutsche Bank call volume above normal and directionally bullish »

Bullish option flow…

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LPCN

Lipocine

$0.82

-1.9039 (-69.87%)

13:37
11/11/19
11/11
13:37
11/11/19
13:37
Downgrade
Lipocine rating change  »

Lipocine downgraded to…

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BABA

Alibaba

$185.80

-1.31 (-0.70%)

13:35
11/11/19
11/11
13:35
11/11/19
13:35
Recommendations
Alibaba analyst commentary  »

Alibaba Singles Day…

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  • 19

    Nov

S

Sprint

$5.89

-0.22 (-3.60%)

13:35
11/11/19
11/11
13:35
11/11/19
13:35
Options
Sprint put volume heavy and directionally bearish »

Bearish flow noted in…

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  • 09

    Dec

GOOG

Alphabet

$1,299.39

-9.97 (-0.76%)

, GOOGL

Alphabet Class A

$1,298.40

-9.58 (-0.73%)

13:34
11/11/19
11/11
13:34
11/11/19
13:34
Periodicals
Google gathering health data on millions of Americans, WSJ reports »

Alphabet's (GOOG,…

GOOG

Alphabet

$1,299.39

-9.97 (-0.76%)

GOOGL

Alphabet Class A

$1,298.40

-9.58 (-0.73%)

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WMK

Weis Markets

$39.40

-0.06 (-0.15%)

, VLGEA

Village Super Market

$26.80

-0.38 (-1.40%)

13:31
11/11/19
11/11
13:31
11/11/19
13:31
Periodicals
Amazon to open grocery store alternative to Whole Foods, CNET says »

CNET's Ben Fox Rubin…

WMK

Weis Markets

$39.40

-0.06 (-0.15%)

VLGEA

Village Super Market

$26.80

-0.38 (-1.40%)

WMT

Walmart

$118.86

-0.55 (-0.46%)

SVU

Supervalu

$0.00

(0.00%)

KR

Kroger

$26.51

-0.5 (-1.85%)

CASY

Casey's General Stores

$166.95

0.07 (0.04%)

AMZN

Amazon.com

$1,770.99

-14.36 (-0.80%)

03/08/13
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  • 13

    Nov

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    Nov

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    Nov

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    Nov

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