Stock Rating Downgrade
Of late the Value Trend Rating for Ciena Corp (NYSE: CIEN) weakened from B to C reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
Ciena Corp (NYSE: CIEN) stock closed at $79.57 on 2/28/25 after an increase of 2.0%. Moreover, trading volume in this advance was unusually high at 150% of normal. The stock has declined -8.0% during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Ciena has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Ciena has a poor Appreciation Score of 27 but a very high Power Rating of 98, triggering the High Neutral Value Trend Rating.
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