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Enter Symbol:
 
Ciena Corporation (CIEN) [hlAlert]

Rating:
Mkt Outperform
CIEN
up 66.93 %

Ciena Corporation (CIEN) upgraded to Mkt Outperform with price target $18 by Avondale

Posted on: Friday,  Sep 4, 2009  12:25 PM ET by Avondale

Avondale rated Mkt Outperform Ciena Corporation (NYSE: CIEN) on 09/04/2009, when the stock price was $13.52. Since
then, Ciena Corporation has gained 66.94% as of 12/11/2015's recent price of $22.57.
If you would have followed this Avondale's recommendation on CIEN, you would have gained 66.93% of your investment in 2289 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.

Avondale’s research analysts are charged with producing high quality, independent, value-added, and timely investment analysis / advice. The firm’s strategy is to deemphasize maintenance research, and instead direct the overwhelming majority of our efforts on developing well-constructed, actionable recommendations, in part by leveraging proprietary networks of industry contacts. Avondale’s growing research department now totals 25 professionals. Senior analysts average 14 years of industry experience and are routinely recognized by a variety of nationally known rating entities. In the last two years, Avondale Analysts were named to the Wall Street Journal’s Best on the Street poll as well as Forbes.com’s Top Analyst Rankings.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/26/2010 11:25 AM Buy
None
18.36 25.00
as of 12/31/2009
1 Week up  110.52 %
1 Month up  94.23 %
3 Months up  44.96 %
1 YTD up  74.55 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/4/2009 12:25 PM Buy
None
13.52 18.00
4/9/2009 12:25 PM Hold
None
8.94

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