Rothschild & Co Redburn Initiates Coverage of Ciena Corporation (CIEN)

Ciena Corporation (NYSE:CIEN) is one of the top stock giants that were suddenly on fire in April. Rothschild & Co Redburn initiated coverage of Ciena Corporation (NYSE:CIEN) with a Neutral rating on May 1, setting a price target of $416. The firm told investors in a research note that the monetization of generative AI capex will require more intelligent large language models, and that the transmission of electrical signals down copper wires will increasingly give way to the transmission of photonic signals ...

Rothschild & Co Redburn Initiates Coverage of Ciena Corporation (CIEN) - Reportify