UPDATE: Deutsche Bank Reiterates on Ciena on Updated Forward Estimates

In a report published Friday, Deutsche Bank analyst Greg Poole reiterated a Buy rating on Ciena (NASDAQ: CIEN ), but lowered the price target from $27.00 to $26.00. In the report, Deutsche Bank noted, “Light report; maintain Buy on CY14 optical product cycles. Ciena reported Q4 ($583.4M / $0.16) -