JPMorgan Boosts CIENA Stock Price Target Amid AI Investment Optimism
JPMorgan’s Bullish Outlook on CIENA: A Significant Shift in the Hardware Sector The financial industry has shown confidence in CIENA (NYSE: CIEN) with JPMorgan raising its price target from $56.00 to $67.00 while maintaining an Overweight rating. This optimistic move comes as CIENA’s upcoming earnings report is expected to have a substantial impact, particularly on…