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Ciena Corporation (CIEN) [hlAlert]

Rating:
Hold CIEN
down 18.40 %

Ciena Corporation (CIEN) downgraded to Hold with price target $18 by Deutsche Bank

Posted on: Friday,  Dec 11, 2015  12:25 PM ET by Deutsche Bank

Deutsche Bank rated Hold Ciena Corporation (NYSE: CIEN) on 12/11/2015. Previously Deutsche Bank rated Buy Ciena Corporation (NYSE: CIEN) on 09/05/2013.,
when the stock price was $24.02. Since then, Ciena Corporation has lost 18.40% as of 12/11/2015's recent price of $19.60.
If you would have followed the previous Deutsche Bank's recommendation on CIEN, you would have lost 18.4% of your investment in 827 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.

Deutsche Bank is one of the largest European fund managers. DWS was founded in 1956 and is an integral part of the Asset Management division of Deutsche Bank. This division is one of the largest global asset managers.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/11/2015 12:25 PM Hold
None
19.60 18.00
as of 8/27/2015
1 Week up  4.39 %
1 Month down  -11.17 %
3 Months up  1.07 %
1 YTD down  -5.68 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/5/2013 1:25 PM Buy
None
24.02 25.00
3/8/2013 1:25 PM Buy
None
17.19 19.00
12/14/2012 12:25 PM Buy
None
15.86 17.00
12/9/2011 1:25 PM Buy
None
12.06 16.00
2/23/2011 1:25 PM Buy
None
24.96 35.00
1/18/2011 1:25 PM Buy
None
25.43 30.00
12/16/2010 1:25 PM Buy
None
20.51 25.00

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