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Enter Symbol:
Rating: CIEN
Hold $18
down 18.00 %

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

Friday,  Dec 11, 2015  12:25 PM ET by Betsy O'Brien Harrison

Deutsche Bank downgraded Ciena Corporation (NYSE: CIEN) to Hold with price target $18. Previously Deutsche Bank downgraded to Ciena Corporation (NYSE: CIEN) to Buy with
price target $25 on 09/05/2013, when the stock price was $24.02. Since then, Ciena Corporation's stock price has lost 18% 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% 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.

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