🟢 Ciena is trading 4.2% up today after Evercore ISI upgraded it to Outperform

Ciena is trading 4.17% up at $363.35 after Evercore ISI upgraded the stock to Outperform and raised its price target to $550 from $375.

• The analyst cited Ciena’s positioning for AI-driven networking demand and projected more than 30% annual sales growth.
• The move builds on Ciena’s September 16 investor targets for approximately 30% fiscal-2026–2029 revenue growth.