Raymond James Maintains Outperform on Lumentum Holdings, Lowers Price Target to $49.5
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Simon Leopold has maintained an 'Outperform' rating on Lumentum Holdings (NASDAQ:LITE) but lowered the price target from $51.5 to $49.5.
October 31, 2023 | 8:03 am
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Raymond James has maintained an 'Outperform' rating on Lumentum Holdings but lowered the price target from $51.5 to $49.5.
The news is directly about Lumentum Holdings. While the 'Outperform' rating is maintained, the lowering of the price target might indicate a slightly less optimistic outlook. However, the impact on the stock price is uncertain as the rating remains positive.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100