Goldman Sachs Upgrades CIENA To Buy, Shares Rise

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Analysts at Goldman Sachs upgraded CIENA
CIEN
from Neutral to Buy. The target price for CIENA is set to $26. CIENA shares have dropped 23.35% over the past 52 weeks, while the S&P 500 index has gained 20.69% in the same period. CIENA's shares surged 2.76% to $19.02 in pre-market trading.
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Posted In: UpgradesAnalyst RatingsGoldman Sachs
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