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Ciena Corporation (CIEN) [hlAlert]

Rating:
Buy CIEN
down 7.65 %

Ciena Corporation (CIEN) rated Buy with price target $34 by Dougherty & Company

Posted on: Thursday,  Mar 6, 2014  3:25 PM ET by Dougherty & Company

Dougherty & Company rated Buy Ciena Corporation (NYSE: CIEN) on 03/06/2014, when the stock price was $24.44.
Since then, Ciena Corporation has lost 7.65% as of 12/11/2015's recent price of $22.57.
If you would have followed this Dougherty & Company 's recommendation on CIEN, you would have lost 7.65% of your investment in 645 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.

Team The research group is composed of five senior analysts and two associate analysts. The senior analysts collectively have 44 years of securities industry experience, and include 3 MBA's, 2 CPA's, 2 PE's (professional engineer), a CFA and a CMA. The team has come together out of a passion for overlooked or misunderstood investment opportunities – generally in smaller-cap companies – and a love of in-depth research, with special emphasis on independent information sources and innovative thinking. Coverage Our research coverage is idea driven and balances the twin demands of opportunism for flexibility and universe consistency for maximization of information sources. Current sub-sectors of interest include: * Specialty retail * Internet security * Internet media * Auto-identification and data capture (AIDC & RFID) * Mobile computing * Specialty manufacturing * Chronic care management * Outpatient services * Medical devices * Healthcare IT
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/5/2014 8:25 AM Buy
None
19.04 32.00
as of 10/17/2014
1 Week up  4.27 %
1 Month down  -20.90 %
3 Months down  -23.96 %
1 YTD down  -20.53 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/6/2014 3:25 PM Buy
None
24.44 34.00

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