News
Raymond James raised the firm’s price target on Lumentum (LITE) to $90 from $80 and keeps a Strong Buy rating on the shares.
Stifel analysts lifted their price target for Lumentum Holdings Inc. (NASDAQ:LITE) to $100 from $85 while maintaining a ‘Buy’ ...
Lumentum Holdings shares are rising in extended trading Tuesday after the company updated its guidance for the current ...
Rosenblatt analysts raised the price target on Lumentum Holdings Inc. (NASDAQ:LITE) from $94 to $105 and reiterated a “Buy” ...
Shares of Lumentum Holdings (NASDAQ: NASDAQ:LITE) climbed 6% after-hours following the company’s updated guidance revealed in a recent slide presentation. The optical and photonic products ...
On Thursday, Stifel analysts raised the price target for Lumentum stock (NASDAQ: LITE) to $100 from the previous target of $85, while maintaining a Buy rating. Currently trading at $80.28, the ...
Lumentum faces tough macro and competitive challenges. Acquisitions are helping reduce customer concentration issues, but its core businesses lack clear competitive advantages. Its stock still isn ...
Coherent and Lumentum are both leading laser and optical chip makers. Coherent is larger and operates a growing silicon carbide business. Lumentum lacks any meaningful long-term catalysts.
Oct 30 (Reuters) - Lumentum Holdings (LITE.O), opens new tab said on Monday it would buy Hong Kong-based Cloud Light Technology for about $750 million, as the networking equipment maker looks to ...
Ciena Corp. reaffirmed its outlook Thursday after optical-networking component maker Lumentum Holdings Inc. lowered its own forecast the previous afternoon, citing an order cancellation from a ...
Shares of Lumentum climbed after the company boosted its fourth-quarter outlook for revenue and adjusted earnings. The stock rose 5.3% to $81.75 in after-hours trading Tuesday. Shares have advanced 76 ...
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