Lumentum Holdings shares are trading higher after Craig-Hallum upgraded the stock from Hold to Buy.
Portfolio Pulse from Benzinga Newsdesk
Lumentum Holdings' stock (LITE) is trading higher following an upgrade from Hold to Buy by Craig-Hallum.

December 22, 2023 | 3:11 pm
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POSITIVE IMPACT
Lumentum Holdings' stock is experiencing an increase in value after an analyst upgrade from Craig-Hallum.
Analyst upgrades typically lead to a positive short-term reaction in a stock's price as they suggest a bullish outlook on the company's performance and potential. The upgrade from Hold to Buy by Craig-Hallum indicates increased confidence in Lumentum Holdings' future prospects, which can attract investors and drive up the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100