Ciena Corporation (CIEN) is currently trading at $432.05 with a Wall Street consensus price target of $565.71, implying potential upside of 30.9% over the next 12 months. 19 analysts currently cover CIEN, with a consensus rating of Buy - 68% 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 $61B. The stock is up 75.6% year-to-date and is currently trading near the upper end of its 52-week range of $84.41 – $637.51.
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