UPDATE: Deutsche Bank Raises PT on Ciena Following Solid Beat and Raise Results
September 05, 2013 at 12:08 PM EDT
In a report published Thursday, Deutsche Bank analyst Greg Poole reiterated a Buy rating on Ciena Corporation (NASDAQ: CIEN ), and raised the price target from $22.00 to $25.00. In the report, Deutsche Bank noted, “Another beat/raise Q; maintain Buy on product cycle strength. Solid beat and raise results from