UPDATE: Stifel Nicolaus Raises PT on Ciena Following Management Meetings

By: Benzinga
In a report published Friday, Stifel Nicolaus analyst Sanjiv Wadhwani reiterated a Buy rating on Ciena (NASDAQ: CIEN ), and raised the price target from $22.00 to $24.00. In the report, Stifel Nicolaus noted, “We hosted Ciena CFO Jim Moylan and SVP Corporate Communications Tom Mock at investor meetings in Southern
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