Ciena Corporation (NYSE:CIEN) is one of the Top 10 Software and Technology Stocks to Buy Now. Morgan Stanley downgraded the ...

Ciena ( NYSE: CIEN) was downgraded to Underweight from Equal-weight by Morgan Stanley due to lower gross margins, which are ...

Fintel reports that on July 8, 2025, Morgan Stanley downgraded their outlook for Ciena (NYSE:CIEN) from Equal-Weight to ...

Corp to Underweight from Equal Weight and trimmed its price target to $70 from $73, saying rising sales tied to artificial‑intelligence networks are not translating into higher earnings.

Shares of Ciena fell about 4% premarket after Morgan Stanley downgraded the stock to Underweight from Equal-weight.

The downgrade comes despite Ciena’s significant opportunities in the optical AI market, with Morgan Stanley citing disappointing margin performance as the primary concern.

Ciena currently trades at approximately seven times above its three-year average valuation, which Morgan Stanley views as creating a negatively skewed risk-reward profile despite the company’s ...

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Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET. 1027 ET – Ciena has a large AI opportunity ahead but Morgan Stanley is taking a cautious approach.