Morgan Stanley downgraded Ciena stock to Underweight while noting Ciena benefits from optical AI market opportunities.
3 reports, 2 independent
Updated Sep 2
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New informationRepeats or wire copies
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What happened
Morgan Stanley downgraded Ciena stock to Underweight while noting Ciena benefits from optical AI market opportunities.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Ciena
telecommunications company
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Morgan Stanley
U.S. investment bank
Related events
- Ciena is involved in the deployment of optical networking to deliver AI services directly to consumers.
- Both Ciena and Applied Optoelectronics operate within the optical networking market.
- Morgan Stanley reiterated an overweight rating and Citigroup upgraded its rating on Cadence Design Systems.
- Benchmark downgraded its shares from buy to hold, while Morgan Stanley and Citigroup issued rating updates.
- Analysts compared the business strengths and market targets of Ciena and F5, Inc.
Coverage
Newest first; wire copies grouped- themarketsdaily.com
- Insider MonkeyMorgan Stanley Downgrades Ciena (CIEN) Stock to Underweight Ciena Corporation (NYSE:CIEN) is one of the Top 10 Software and Technology Stocks to Buy Now. Morgan Stanley downgraded the company’s stock
- Unknown outlet