The Latest Analyst Ratings for Lumentum Holdings
Portfolio Pulse from Benzinga Insights
Analysts have provided mixed ratings for Lumentum Holdings (NASDAQ:LITE) in the last quarter, with 3 bullish, 3 somewhat bullish, 3 indifferent, and 2 somewhat bearish. The average 12-month price target is $53.32, a 5.16% decrease from the previous average of $56.22.
October 10, 2023 | 8:00 pm
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Mixed analyst ratings and a lower average price target could lead to uncertainty for Lumentum Holdings.
The mixed analyst ratings indicate differing opinions on the company's performance, which could lead to uncertainty among investors. The lower average price target suggests that analysts believe the stock may not perform as well as previously expected.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100