Se fecharmos nestes patamares os 9.85 são o próximo target facilmente atingiveis. O volume de hoje é estrondoso !!!!
"Analyst Jeffrey Kavaal told investors in a research note that Ciena is set to make gains against struggling competitors with a new generation of gear for ethernet and Internet network providers.
Kavaal said long-standing products like Ciena's CoreDirector, an optical switch used in ethernet networks, have also performed well, generating sales of more than $270 million in 2008. That's up from just under $80 million in 2006, Kavaal said.
He upgraded shares to "Overweight" from "Equal Weight," and moved his price target to $10 from $7.
The good news for Ciena comes after a recent hit to the company's share price. Ciena, based in Linthicum, Md., reported disappointing results for its fiscal fourth quarter in December because of the declining economy, posting a loss of 10 cents per share and sending the stock down 20 percent."
