Decoding 4 Analyst Evaluations For Lumentum Holdings
Portfolio Pulse from Benzinga Insights
Four analysts have provided varied opinions on Lumentum Holdings (NASDAQ:LITE) over the past quarter, with ratings ranging from bullish to bearish. The average 12-month price target has increased slightly to $50.75. Key analysts have adjusted their ratings and price targets, reflecting their responses to recent market dynamics and company performance.
July 17, 2024 | 2:00 pm
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Analysts have mixed views on Lumentum Holdings, with recent ratings ranging from bullish to bearish. The average 12-month price target has increased slightly to $50.75, indicating a positive shift in sentiment.
The mixed analyst ratings and slight increase in the average 12-month price target suggest a neutral short-term impact on Lumentum Holdings' stock price. While some analysts are optimistic, others have lowered their ratings, balancing the overall sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100