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OT - CIEN
OT - CIEN - BMO raised their PT from $25 to $31, and reiterated
an outperform rating. There was 1 other upgrade mentioned. There
was also an analyst, obvious not a 'true believer' who raised the
PT from $20 to $21 I believe. So far, it's a pretty good
follow-through, given that the market has been beaten up today by
Cohn's resignation. If Trump would just shut up, this market might
revisit its highs.
I fail to understand why INTC is breaking 52 week (and perhaps
forever?) highs, given the challenges on many fronts. Not saying I
don't like it, just saying I don't understand the unequivocal vote
of confidence.
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