Keybanc analyst Justin Patterson downgrades Snap (NYSE:SNAP) from Overweight to Sector Weight.
Needham Remains Bullish On Ciena Ahead Of Its Quarterly Results As Supply Appears To Be Improving
Ciena Corp (NYSE: CIEN) reports quarterly results on September 1 before the market opens.
Needham analyst Alex Henderson expects another supply-constrained quarter, with Orders above Shipments and Revenues modestly ahead of forecast.