Weekly Recap: Evercore upgrade with $550 target and 3-year revenue/margin targets

Ciena Corporation (NYSE:CIEN) is drawing bullish upgrades after Q results showing 215% revenue/EPS growth, a >$10B backlog and three—year targets of ~30% annual revenue growth, higher margins and ~20% FCF margin, though Rosenblatt warns supply constraints may ease through 2028 unlocking further ups…