This Ciena Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Wednesday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

• Deutsche Bank analyst George Brown initiated coverage on FormFactor Inc (NASDAQ:FORM) with a Buy rating and announced a price target of $200. FormFactor closed at $136.25 on Tuesday. See how other analysts view this stock.
• BNP Paribas analyst Hugo Watkins initiated coverage on Expeditors International of Washngtn Inc (NYSE:EXPD) with a Neutral rating and announced a price target of $180. Expeditors International shares closed at $188.16 on Tuesday. See how other analysts view this stock.
• Bernstein analyst Daniel Zhu initiated coverage on Ciena Corp (NYSE:CIEN) with an Outperform rating and announced a price target of $440. Ciena closed at $354.92 on Tuesday. See how other analysts view this stock.
• Stephens & Co. analyst Pooran Sharma initiated coverage on Smithfield Foods Inc (NASDAQ:SFD) with an Equal-Weight rating and announced a price target of $22. Smithfield Foods shares closed at $19.01 on Tuesday. See how other analysts view this stock.
• Citigroup analyst Geoff Meacham initiated coverage on Nuvation Bio Inc (NYSE:NUVB) with a Buy rating and announced a price target of $12. Nuvation Bio closed at $5.62 on Tuesday. See how other analysts view this stock.

Considering buying CIEN stock? Here’s what analysts think:

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