Ciena Corporation (CIEN) is currently trading at $356.91 with a Wall Street consensus price target of $516.83, implying potential upside of 44.8% over the next 12 months. 19 analysts currently cover CIEN, with a consensus rating of Buy - 75% of analysts rate the stock a Buy or Strong Buy. The most bullish analyst has a price target of $660.0, while the most cautious has a target of $347.0.
CIEN operates in the Technology sector with a market capitalisation of $51B. The stock is up 45.0% year-to-date and is currently trading near the lower end of its 52-week range of $143.0 – $637.51.
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