Susquehanna Maintains Positive on Lumentum Holdings, Lowers Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Christopher Rolland has maintained a positive rating on Lumentum Holdings (NASDAQ:LITE) but lowered the price target from $55 to $45.
October 24, 2023 | 3:13 pm
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Susquehanna has maintained a positive rating on Lumentum Holdings but lowered the price target from $55 to $45.
The news is directly about Lumentum Holdings. While the positive rating is maintained, the lowering of the price target could indicate a potential decrease in the stock's value. However, the impact is not clear cut and could be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100