Advertisement
New Zealand markets closed
  • NZX 50

    11,782.89
    -17.89 (-0.15%)
     
  • NZD/USD

    0.5990
    -0.0016 (-0.26%)
     
  • ALL ORDS

    8,076.70
    +11.20 (+0.14%)
     
  • OIL

    77.54
    -0.84 (-1.07%)
     
  • GOLD

    2,324.60
    +0.40 (+0.02%)
     

Ciena Upgraded, Seen Positioned For Eventual Spending Recovery

Ciena Upgraded, Seen Positioned For Eventual Spending Recovery

Ciena is well-positioned to rebound in 2018, says Bank of America/Merrill Lynch, which upgraded it to buy ahead of earnings.