Analysts Offer Insights on Technology Companies: Ciena (CIEN) and Wisetech Global (OtherWTCHF)
There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Ciena (CIEN) and Wisetech Global (WTCHF) with bullish sentiments.
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Ciena (CIEN)
Bank of America Securities analyst Tal Liani reiterated a Buy rating on Ciena today and set a price target of $550.00. The company’s shares closed last Wednesday at $475.76.
According to TipRanks.com, Liani is a 5-star analyst with an average return of
Ciena has an analyst consensus of Moderate Buy, with a price target consensus of $355.73, a -24.6% downside from current levels. In a report issued on April 1, TipRanks – OpenAI also reiterated a Buy rating on the stock with a $419.00 price target.
See the top stocks recommended by analysts >>
Wisetech Global (WTCHF)
Wisetech Global received a Buy rating and a A$60.00 price target from Rothschild & Co Redburn analyst Lachlan Brown today. The company’s shares closed last Thursday at $27.21.
According to TipRanks.com, Brown is ranked #5835 out of 12196 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Wisetech Global with a $56.84 average price target, representing a 109.4% upside. In a report issued on April 9, Morgan Stanley also maintained a Buy rating on the stock with a A$70.00 price target.
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