UBS Maintains Neutral on Lumentum Holdings, Raises Price Target to $49
Portfolio Pulse from richadhand@benzinga.com
UBS analyst David Vogt maintains a Neutral rating on Lumentum Holdings (NASDAQ:LITE) and raises the price target from $48 to $49.
August 18, 2023 | 1:12 pm
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NEUTRAL IMPACT
UBS analyst maintains a Neutral rating on Lumentum Holdings and raises the price target from $48 to $49.
The news is directly about Lumentum Holdings. The analyst from UBS maintains a Neutral rating, indicating no change in the company's outlook. However, the slight increase in the price target from $48 to $49 suggests a slightly more positive view on the company's future performance. This could potentially have a neutral to slightly positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100