6 Analysts Have This To Say About Lumentum Holdings
Portfolio Pulse from Benzinga Insights
Six analysts have provided mixed ratings for Lumentum Holdings (NASDAQ:LITE) over the past quarter, with opinions ranging from bullish to bearish. The average 12-month price target is $51.67, with a high of $62.00 and a low of $38.00. Recent ratings show a slight decline in the average price target. Key analysts have adjusted their ratings and price targets in response to market dynamics and company performance.
May 20, 2024 | 6:00 pm
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Lumentum Holdings (NASDAQ:LITE) has received mixed ratings from six analysts over the past quarter. The average 12-month price target is $51.67, with a high of $62.00 and a low of $38.00. Recent ratings indicate a slight decline in the average price target, reflecting varied sentiments among analysts.
The mixed ratings and slight decline in the average price target suggest that analysts have varied expectations for Lumentum Holdings. This could lead to neutral short-term price movements as the market digests these differing opinions.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100