Rosenblatt Maintains Buy on Lumentum Holdings, Raises Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
Rosenblatt analyst Mike Genovese has maintained a Buy rating on Lumentum Holdings (NASDAQ:LITE) and increased the price target from $60 to $65.
February 09, 2024 | 1:08 pm
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Rosenblatt analyst Mike Genovese reaffirmed a Buy rating on Lumentum Holdings and raised the price target from $60 to $65.
The increase in the price target by Rosenblatt reflects a positive outlook on Lumentum Holdings, suggesting confidence in the company's future performance. This analyst endorsement is likely to instill investor confidence, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100