Lumentum Announces Fiscal Fourth Quarter And Full Year 2017 Results
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Lumentum (LITE) PT Raised to $72 at Jefferies
August 10, 2017 8:12 AM EDTJefferies raised its price target on Lumentum (NASDAQ: LITE) to $72.00 (from $63.00) while maintaining a Buy rating.
Analyst James Kisner commented, "FQ4 revenue was light driven by inventory issues in both China and N. America; September quarter guidance was mixed but forward... More
Lumentum (LITE) PT Raised to $83 at DA Davidson
August 10, 2017 7:26 AM EDTDA Davidson raised its price target on Lumentum (NASDAQ: LITE) to $83.00 (from $77.00) while maintaining a Buy rating following strong Q2 results.
Mark Kelleher commented, "LITE sold $5M of 3D sensing lasers in the quarter, and indicated that it had $200M... More
Lumentum (LITE) PT Raised to $70 at Rosenblatt After $200M 3D Sensing Order Likely to Apple
August 9, 2017 2:07 PM EDTRosenblatt analyst Jun Zhang raised his price target on Lumentum (NASDAQ: LITE) to $70.00 (from $66.00) while maintaining a Buy rating after the company confirmed that they have received a $200 million 3D sensing order for calendar 2017, which suggests to us around 50-60 million VCSEL laser... More
