B. Riley Securities Maintains Neutral on Lumentum Holdings, Lowers Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Dave Kang has maintained a Neutral rating on Lumentum Holdings (NASDAQ:LITE) and lowered the price target from $46 to $45.
August 18, 2023 | 3:46 pm
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B. Riley Securities has maintained a Neutral rating on Lumentum Holdings and lowered the price target from $46 to $45.
The news directly pertains to Lumentum Holdings as B. Riley Securities has maintained a Neutral rating on the company and lowered the price target. This could potentially impact investor sentiment and the stock's short-term performance. However, as the rating remains Neutral, the impact is not expected to be significantly negative or positive.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100