The MEGATREND AI is Intact: These 2 Strong AI Stocks Received Analyst Support
Reading Time: 4 minutes
The MEGATREND AI is fully intact. On Friday (September 26), there were numerous price target upgrades, particularly worth noting for these three stocks. On Friday (September 26), Rosenblatt upgraded the stock of Ciena (CIEN) from Neutral to Buy and raised the price target from $127.50 to $175. The upside potential is around 25%. The key factor is the potential to connect multiple AI data centers into clusters. A first hyperscaler deal worth approximately $200 million has already been secured. Additionally, Rosenblatt sees opportunities through...
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