Ciena Stock Dip? Analyst Still Buys | Business and Finance News

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Recorded19 Aug 2026

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Ciena’s stock took a 9% hit after TD Cowen analyst Joshua Buchalter slashed his price target from $675 to $575—but he’s still urging buyers, seeing the dip as a buying opportunity ahead of earnings on September 3rd. Despite the short-term slide, analysts remain bullish on Ciena’s long-term role in networking and compute infrastructure, positioning the drop as a chance to enter at a lower price before potential rebound. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/bc0a4d9c32d47b8e

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