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Ciena Corporation (CIEN) [hlAlert]

Rating:
Buy CIEN
up 87.92 %

Ciena Corporation (CIEN) rated Buy with price target $26 by Needham

Posted on: Friday,  Dec 12, 2014  8:25 AM ET by Needham

Needham rated Buy Ciena Corporation (NYSE: CIEN) on 12/12/2014. Previously Needham rated Buy Ciena Corporation (NYSE: CIEN) on 05/30/2012., when
the stock price was $12.01. Since then, Ciena Corporation has gained 87.93% as of 12/11/2015's recent price of $22.57.
If you would have followed the previous Needham's recommendation on CIEN, you would have gained 87.92% of your investment in 1290 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.

Needham & Company, LLC focuses on emerging growth companies in technology, biotechnology and life sciences. The firm's research goal is to service the needs of growth-oriented institutional clients. Needham & Company has established itself as a premier specialty investment bank providing timely and valuable analysis on companies that are under-covered by the majority of Wall Street firms.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/12/2014 8:25 AM Buy
None
18.07 26.00
as of 10/17/2014
1 Week up  4.27 %
1 Month down  -20.90 %
3 Months down  -23.96 %
1 YTD down  -36.77 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/29/2013 8:25 AM Buy
None
21.87 28.00
6/7/2013 8:25 AM Buy
None
19.39 22.00
5/30/2012 8:25 AM Buy
None
12.01 16.00

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