Raymond James Maintains Outperform on Lumentum Holdings, Raises Price Target to $58
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Simon Leopold has maintained an Outperform rating on Lumentum Holdings (NASDAQ:LITE) and increased the price target from $51.5 to $58.
April 01, 2024 | 4:52 pm
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Raymond James has maintained an Outperform rating on Lumentum Holdings and raised the price target from $51.5 to $58.
The upgrade in price target by a reputable analyst firm like Raymond James typically signals a positive outlook on the company's future performance. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
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IMPORTANCE 90
RELEVANCE 100