Ciena (CIEN) Stock Price Target Cut Amid Margin Concerns

Evercore ISI has reduced its price target for Ciena (CIEN), reflecting concerns about profit margins. The exact target price was not specified in the information provided. This change indicates potential challenges for Ciena in maintaining profitability, which could impact investor sentiment and stock performance. Investors should watch for any further updates from Evercore ISI regarding Ciena’s financial outlook. Understanding these developments can help investors navigate potential volatility in Ciena's stock price.