JP Morgan Maintains Overweight on Lumentum Holdings, Raises Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Samik Chatterjee maintains an Overweight rating on Lumentum Holdings (NASDAQ:LITE) and raises the price target from $57 to $65.
August 12, 2024 | 6:44 pm
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POSITIVE IMPACT
JP Morgan analyst Samik Chatterjee maintains an Overweight rating on Lumentum Holdings and raises the price target from $57 to $65.
The raised price target and maintained Overweight rating from a reputable analyst at JP Morgan is likely to positively impact Lumentum Holdings' stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100