Stifel raised its price target for Ciena to $152 from $120, maintaining a Buy rating due to the Nubis acquisition. Similarly, Needham increased its price target to $130 from $90, highlighting the company's strong financial performance. Rosenblatt upgraded Ciena from Neutral to Buy, setting a price target of $175, as the company capitalizes on opportunities in AI data center networking. Ciena recently secured a deal with a hyperscaler to connect two 100,000 GPU data centers using its advanced technology. Stifel reiterated its Buy rating and $152 price target, expressing confidence in Ciena's potential for sustained revenue growth and improved profitability metrics. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.