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Ciena Posts Blowout Q3, So Why Are These Analysts Slashing Price Targets? | WAPE

Newsbenzinga

Ciena Posts Blowout Q3, So Why Are These Analysts Slashing Price Targets?

Sep 4, 2026, 14:58 ET · Published

Article summary

Ciena shares rise after a strong Q3 beat. Analysts keep Buy ratings but cut targets. Analysts cite $8.5B backlog and $10B yearend outlook.

An excerpt from the original article.

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