Morgan Stanley Downgrades Lumentum (LITE) to Underweight

August 11, 2016 6:37 AM EDT
Get Alerts LITE Hot Sheet
Price: $34.40 -2.13%

Rating Summary:
    10 Buy, 1 Hold, 3 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 24 | Down: 17 | New: 14
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Morgan Stanley downgraded Lumentum (NASDAQ: LITE) from Equalweight to Underweight with a price target of $27.00 (from $20.00).

For an analyst ratings summary and ratings history on Lumentum click here. For more ratings news on Lumentum click here.

Shares of Lumentum closed at $31.82 yesterday.

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