Lumentum Holdings (LITE) Tops Q4 EPS by 5c, Miss on Revenues; Offers Q1 Revenue Outlook Below Consensus
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Go back to Lumentum Holdings (LITE) Tops Q4 EPS by 5c, Miss on Revenues; Offers Q1 Revenue Outlook Below Consensus
August 10, 2017 9:04 AM EDT
Barclays raised its price target on Lumentum (NASDAQ: LITE) to $59.00 (from $50.00) while maintaining a Equalweight rating.
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August 10, 2017 8:12 AM EDT
Jefferies 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
August 10, 2017 7:26 AM EDT
DA 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
August 9, 2017 2:07 PM EDT
Rosenblatt 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
