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Stock impact report

Bank of America Downgrades Ciena (CIEN), Morgan Stanley Lowers PT [Yahoo! Finance]

Ciena Corporation (CIEN) 
Last ciena corporation earnings: 3/5 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
its rating on Ciena Corporation (NYSE:CIEN) from Buy to Neutral. The firm said it is becoming more cautious about near-term spending on AI-driven networking despite the long-term outlook still staying solid. BofA Securities noted that valuations across networking stocks are now well above historical levels. Hyperscaler capital spending growth is also expected to slow in 2026. The investment firm expects hypercaler capital expenditure to grow just 39% in 2026, compared with 68% in 2025. According to BofA Securities, this slowdown could shift investor focus toward order trends, backlog, and deferred revenue. The firm believes that the near-term outlook for the sector has become more difficult. BofA Securities pointed out that while Ciena Corporation's (NYSE:CIEN) revenue growth could still beat expectations, risks around peak backlog levels, valuation, and high investor expectations are rising. Previously, on December 17, Morgan Stanley maintained its Equal Weight rating on Ciena Show less Read more
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