Morgan Stanley Downgrades Lumentum (LITE) to Underweight

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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