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Re: uranium-pinto-beans post# 355829

Friday, 12/09/2022 7:09:08 AM

Friday, December 09, 2022 7:09:08 AM

Post# of 365639
Ciena price target raised to $65 from $55 at Citi
Citi analyst Jim Suva raised the firm's price target on Ciena to $65 from $55 and keeps a Buy rating on the shares. Investors will be impressed that Ciena beat sales by 15% and guided 9% higher, Suva tells investors in a research note. The analyst sees more upside ahead, saying Ciena's backlog likely grows again next quarter and "there are no signs of share loss."

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