Needham Maintains Buy on Lumentum Holdings, Raises Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Alex Henderson maintains a Buy rating on Lumentum Holdings (NASDAQ:LITE) and raises the price target from $65 to $70.
August 15, 2024 | 10:42 am
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Needham analyst Alex Henderson maintains a Buy rating on Lumentum Holdings and raises the price target from $65 to $70.
The Buy rating and increased price target from a reputable analyst can boost investor confidence and potentially drive the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100