B. Riley Securities Maintains Neutral on Lumentum Holdings, Raises Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities has maintained a Neutral rating on Lumentum Holdings (NASDAQ:LITE) but raised the price target from $40 to $50.
August 15, 2024 | 12:44 pm
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B. Riley Securities has maintained a Neutral rating on Lumentum Holdings (NASDAQ:LITE) but raised the price target from $40 to $50.
The raised price target from $40 to $50 suggests a positive outlook for Lumentum Holdings, which could lead to a short-term increase in stock price despite the Neutral rating.
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