Barclays Downgrades Lumentum (LITE) to Underweight

July 5, 2023 4:05 AM EDT
Get Alerts LITE Hot Sheet
Price: $905.53 -2.89%

Rating Summary:
    24 Buy, 7 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 18 | Down: 16 | New: 9
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Barclays analyst Tom O'Malley downgraded Lumentum (NASDAQ: LITE) from Equalweight to Underweight with a price target of $42.00 (from $40.00).


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 $57.40 yesterday.


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