The Latest Analyst Ratings for Lumentum Holdings
Portfolio Pulse from Benzinga Insights
In the last quarter, Lumentum Holdings (NASDAQ:LITE) received various ratings from analysts, with 2 bullish, 3 somewhat bullish, 1 indifferent, and 2 somewhat bearish. The company's average 12-month price target is $55.81, an increase of 1.84% from the previous average of $54.80.
August 18, 2023 | 1:00 pm
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Lumentum Holdings received mixed ratings from analysts, with an average 12-month price target of $55.81.
The mixed ratings from analysts indicate uncertainty about the company's future performance. The increase in the average price target suggests some analysts are optimistic about the company's prospects, but the presence of somewhat bearish ratings indicates others are less confident. This could lead to volatility in the stock's price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100