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Ciena Corporation (CIEN) [hlAlert]

Rating:
Buy CIEN
up 49.07 %

Ciena Corporation (CIEN) rated Buy with price target $19 by Maxim Group

Posted on: Friday,  Jan 11, 2013  9:25 AM ET by Maxim Group

Maxim Group rated Buy Ciena Corporation (NYSE: CIEN) on 01/11/2013, when the stock price was $15.14. Since
then, Ciena Corporation has gained 49.08% as of 12/11/2015's recent price of $22.57.
If you would have followed this Maxim Group's recommendation on CIEN, you would have gained 49.07% of your investment in 1064 days.

Ciena Corporation is the network specialist, focused on expanding the possibilities for its customers' networks while reducing their cost of ownership. The Company's systems, software and services target and cure specific network pain points so that telcos, cable operators, governments and enterprises can best exploit the new applications that are driving their businesses forward.

At Maxim Group, our vision for equity research is to be a client’s first call for value-added research on companies not widely followed by Wall Street. Maxim’s premier niche is emerging-growth companies in a variety of sectors, including healthcare, technology, retail and others. As strong believers in fundamental research, our analysts utilize a “bottom up” approach to making investment recommendations. We combine rigorous financial analysis of specific companies and industries with due diligence that includes frequent consults with suppliers, customers, competitors and senior management. By applying these skills and techniques, we are able to offer our clients differentiated research.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/11/2013 9:25 AM Buy
None
15.14 19.00
as of 12/13/2013
1 Week down  -7.19 %
1 Month down  -7.94 %
3 Months down  -13.93 %
1 YTD up  43.13 %

(*) Stock Price at the time of the recommendation.
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