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Benzinga
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5 Stock Picks Last Week From Wall Street's Most Accurate Analysts

1. Ciena's price target raised from $120 to $152 by Stifel analyst. 2. Analyst expects 7% gain in Ciena's stock price shortly. 3. Ciena reported better-than-expected fiscal Q3 results on September 4. 4. Analysts show mixed track records, leading to investor confusion. 5. Overall market sees slight gains after inflation data release.

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FAQ

Why Bullish?

Ruben Roy's rating increase for Ciena reflects strong performance. Historically, similar upgrades have positively influenced stock movements.

How important is it?

Analyst upgrades can drive investor interest and buying pressure, influencing price positively.

Why Short Term?

Analyst upgrades often lead to immediate market reactions. Ciena's price movement is expected to reflect this soon.

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