B of A Securities Maintains Underperform on Lumentum Holdings, Raises Price Target to $50
Portfolio Pulse from vivek@benzinga.com
B of A Securities analyst Vivek Arya maintains an Underperform rating on Lumentum Holdings (NASDAQ:LITE) but raises the price target from $45 to $50.
August 15, 2024 | 5:26 pm
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NEUTRAL IMPACT
B of A Securities maintains an Underperform rating on Lumentum Holdings but raises the price target from $45 to $50.
The Underperform rating suggests a negative outlook, but the raised price target indicates some positive expectations. The mixed signals likely result in a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100