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Analysts Have Conflicting Sentiments on These Technology Companies: AudioEye (AEYE) and Ciena (CIEN)

Tipranks - Sat Mar 7, 8:38AM CST

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on AudioEye (AEYEResearch Report) and Ciena (CIENResearch Report).

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AudioEye (AEYE)

Craig-Hallum analyst George Sutton reiterated a Buy rating on AudioEye today and set a price target of $16.00. The company’s shares closed last Friday at $7.58.

According to TipRanks.com, Sutton is a 5-star analyst with an average return of 23.4% and a 50.8% success rate. Sutton covers the Technology sector, focusing on stocks such as DeFi Development Corporation, Applied Digital Corporation, and Core Scientific Inc. ;'>

AudioEye has an analyst consensus of Strong Buy, with a price target consensus of $17.90, representing a 127.4% upside. In a report released today, B. Riley Securities also maintained a Buy rating on the stock with a $15.50 price target.

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Ciena (CIEN)

In a report released today, Tim Savageaux from Northland Securities maintained a Hold rating on Ciena, with a price target of $240.00. The company’s shares closed last Friday at $299.00.

According to TipRanks.com, Savageaux is a top 100 analyst with an average return of 35.6% and a 59.3% success rate. Savageaux covers the Technology sector, focusing on stocks such as MACOM Technology Solutions Holdings, Applied Optoelectronics, and Ribbon Communications. ;'>

Ciena has an analyst consensus of Moderate Buy, with a price target consensus of $322.57, which is a 7.8% upside from current levels. In a report released today, TipRanks – Anthropic also downgraded the stock to Hold with a $328.00 price target.

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