Northland Capital Markets analyst Tim Savageaux lowered the price target on Lumentum (NASDAQ: LITE) to $60.00 (from $90.00) while maintaining a Outperform rating following today's earnings warning.

Analyst PT Change

Lumentum (LITE) PT Lowered to $72 at Piper Jaffray Following Recent Sell-Off November 13, 2018 9:14 AM Lumentum (LITE) PT Lowered to $60 at MKM Partners Following Guidance Cut November 13, 2018 8:48 AM Lumentum (LITE) PT Lowered to $72 at Piper JaffrayNovember 13, 2018 6:36 AM Lumentum (LITE) PT Lowered to $47 at Loop CapitalNovember 13, 2018 6:35 AM Lumentum (LITE) Says Fundamental Thesis for Oclaro (OCLR) Deal Intact - Bloomberg, Citing Comments at Conf.November 12, 2018 3:17 PM Lumentum (LITE) Says Notification From Customer Came a Few Days Ago - Bloomberg, Citing Comments at UBS Conf.November 12, 2018 3:01 PM Lumentum (LITE) PT Lowered to $74 at B.Riley/FBR, Aggressive Buyers on WeaknessNovember 12, 2018 12:49 PM Lumentum (LITE) PT Lowered to $60 at Craig-HallumNovember 12, 2018 12:44 PM Apple shares drop on iPhone suppliers' warningsNovember 12, 2018 10:53 AM Lumentum (LITE) PT Lowered to $75 at Needham & CompanyNovember 12, 2018 10:05 AM Lumentum Holdings (LITE) Cuts Q2 GuidanceNovember 12, 2018 8:02 AM Lumentum Updates Outlook For Fiscal Second Quarter 2019November 12, 2018 8:00 AM