Data News > CIEN Price Target Alert: $54.00. Issued by Rosenblatt Securities

CIEN Price Target Alert: $54.00. Issued by Rosenblatt Securities

By KlickAnalytics Data Insights  |   June 7, 2024 09:00AM ET

  • Mike Genovese from Rosenblatt Securities issued a price target of $54.00 for CIEN on 2024-06-07 07:26:00.
  • The adjusted price target was set to $54.00.
  • At the time of the announcement, CIEN was trading at $48.56.
  • The overall price target consensus is at $67.03 with high price of $96.00, low price of $50.00, and median price is at $65.00.
  • CIEN currently trades -23.12% versus its 52 week high of $63.24, and 39.94% compared to its 52 week low price of $39.94.
  • Current 50 day moving average is $47.66, and the 200 day moving average is $49.32.

  • Historical Price Performance




    Historical Price Targets

     Last MonthLast QuarterLast YearAll Time
    Average Price Target57.1357.1056.5668.96
    vs. Current Price
    $48.62
    -14.90%-14.85%-14.04%-29.50%

    Analyst Price Targets

    Last 10 Price Targets
    Published DateAnalyst NameAnalyst CompanyPrice TargetPrice Target (Adjusted)Price When PublishedCurrent Price vs. Price Target
    2024-06-07Mike GenoveseRosenblatt Securities54.0054.0048.56-9.96%
    2024-06-06Ruben RoyStifel Nicolaus62.0062.0048.56-21.58%
    2024-06-06Simon LeopoldRaymond James54.0054.0049.11-9.96%
    2024-06-06Amit DaryananiEvercore ISI60.0060.0048.97-18.97%
    2024-05-30Mike GenoveseRosenblatt Securities52.5052.5049.34-7.39%
    2024-04-11Karl AckermanBNP Paribas57.0057.0046.74-14.70%
    2024-01-12Amit DaryananiEvercore ISI57.0057.0049.72-14.70%
    2023-08-28Alex HendersonNeedham50.0050.0042.04-2.76%
    2023-06-07Alex HendersonNeedham60.0060.0043.36-18.97%
    2023-03-07Alex HendersonNeedham70.0070.0050.68-30.54%

    For more information:
  • Historical Price Targets
  • Hiistorical Analyst Recommendations
  • Earning Price Impact Analysis
  • Seasonality Analysis
  • Disclaimer: the above is a summary showing certain market information. KlickAnalytics is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from various resources and more. Communications displaying market prices, data and other information available in this post are meant for purely for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.