Ciena Corporation (CIEN) is currently trading at $479.5 with a Wall Street consensus price target of $565.71, implying potential upside of 18.0% over the next 12 months. 19 analysts currently cover CIEN, with a consensus rating of Buy — 63% of analysts rate the stock a Buy or Strong Buy. The most bullish analyst has a price target of $720.0, while the most cautious has a target of $270.0.
CIEN operates in the Technology sector with a market capitalisation of $68B. The stock is up 94.9% year-to-date and is currently trading near the upper end of its 52-week range of $76.89 – $637.51.
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