- Strength in the 100G metro and data center interconnect markets should allow Ciena (NASDAQ:CIEN) to top earnings estimate and push the stock towards the high end of Wells Fargo's $30-$32 price target range (vs. last price of $24.41).
- U.S. wireless diversification and fiber initiatives along with the realization of BNS synergies should allow CommScope (NASDAQ:COMM) to beat expectations over the next few years.
- Source: TheFly
Ciena, CommScope top picks for 2017 at Wells Fargo
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Symbol | Last Price | % Chg |
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CIEN | - | - |
Ciena Corporation |