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Marriott International and Ciena Corporation see analyst upgrades
Marriott International has received a “strong-buy” rating upgrade from TD Cowen. This follows a series of varied analyst actions, including a price target increase from JPMorgan Chase & Co. to $400 and an overweight rating from Morgan Stanley. The company currently holds a consensus rating of “Moderate Buy” with an average price target of $385.88.
Separately, Ciena Corporation is being viewed as a potential buying opportunity following a post-earnings sell-off. Despite a recent 13% decline in share price, analysts suggest the company expects to exit fiscal year 2026 with revenue exceeding $10 billion. Projections include margin expansion and price hikes across product lines due to robust demand for optical connectivity equipment.