Lumentum Holdings (LITE) Misses Q1 EPS by 10c, Outlook Tops Views

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Lumentum (LITE) PT Raised to $65 at Barclays on 1Q Report; '3D Sensing Expanding... Received First High Volume Order'

November 2, 2017 1:14 PM EDT

Barclays raised its price target on Lumentum (NASDAQ: LITE) to $65.00 (from $59.00) while maintaining a Equalweight rating, following the company's first quarter earnings report.

Analyst Joseph Wolf notes an improved price target on the shares, despite the company reporting first quarter earnings per share and... More