On September 26, Stifel kept its Buy rating and $152 price target on Ciena, whose shares are trading near a 52-week high and indicate a jump of roughly 120% in the last year. Stifel Keeps Buy Rating On Ciena (CIEN), Price Target At $152Photo by Mohamed Hadji on UnsplashThe research firm mentioned Ciena’s comments on bandwidth growth driven by AI workloads, highlighting that cloud companies are now pioneering new data transmission and interconnect technologies. While we acknowledge the potential of CIEN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: Dow 20 Stocks List: Ranked By Hedge Fund Bullishness Index and 10 Unstoppable Dividend Stocks to Buy Now.