In the latest statement by the brokerage house, RBC Capital maintains its outlook on Ciena Corporation (NYSE:CIEN). The current rating of the shares is Sector Perform, according to the research report released by the firm.
Ciena Corporation provides equipment, software, and services that support the transport, switching, aggregation, service delivery, and management of voice, video, and data traffic on communications networks worldwide.
Ciena Corporation (NYSE:CIEN) shares have been given a 1.63 rating by analysts surveyed by Zacks Investment Research. Sell-side firms often use different terminology for their ratings so this scale provides a simple consensus number.
Bidness Etc reviews the latest insider selling at Ford Motor Company (NYSE:F), Goldman Sachs Group Inc. (NYSE:GS), and Ciena Corporation (NYSE:CIEN). The details of each transaction are reported as follows.
Bidness Etc reports recent insider selling at Gilead Sciences, Inc. (NASDAQ:GILD), LinkedIn Corp. (NYSE:LNKD), and Ciena Corporation (NYSE:CIEN). The financial values of each transaction are detailed as follows.
James Frodsham is the SR. VP - Chief Strategy Officer of Ciena Corporation (NYSE:CIEN) 24.37 -0.69 -2.77% . He a few days ago unloaded 7,500 shares in the corporation with the transaction value amounting to around $194,625 U.S.