Lumentum To Acquire Oclaro For $1.8B In Cash And Stock
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/25/2026
- S&P 500, Nasdaq end down on tech stocks, investors weigh Iran moves
- Oil drops more than $2 despite new US sanctions on Iran
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- Wattmore and Eos Energy strike non-exclusive storage software deal
- Grand Canyon Education places CFO on leave amid stock trade probe
- S&P 500, Nasdaq end down on tech stocks, investors weigh Iran moves
- Funds sell $44bn in semiconductors on AI concerns
- RUM Group signs $13.7 billion GPU services deal, issues warrants
Stifel Reiterates Buy on Lumentum Holdings (LITE) Following Investor Meetings
March 14, 2018 7:03 AM EDTStifel reiterated a Buy rating and $79.00 price target on Lumentum Holdings (NASDAQ: LITE) following the company's investor sessions at the 2018 Optical Fiber Communication Conference and Exposition. Discussions focused primarily on 3D sensing, with additional touch points on the Oclaro acquisition, ROADMs, 400G timing,... More
Lumentum (LITE) PT Raised to $79 at Stifel; Positive on Oclaro Deal
March 12, 2018 11:34 AM EDTStifel raised its price target on Lumentum (NASDAQ: LITE) to $79.00 (from $66.00) while maintaining a Buy rating after the company agreed to acquire Oclaro.
Analyst Patrick Newton commented, "We positively view the transaction as we have written for multiple years that the optical communications... More
Stifel Downgrades Oclaro (OCLR) to Hold Following Acqusition
March 12, 2018 11:32 AM EDTStifel downgraded Oclaro (NASDAQ: OCLR) from Buy to Hold with a price target of $10.00 (from $8.00) after the company agreed to be acquired.
For an analyst ratings summary and ratings history on Oclaro click here. For more ratings news on Oclaro click here.
Shares of Oclaro closed at $7.85 yesterday.
... MoreLoop Capital Downgrades Oclaro (OCLR) to Hold Following Acquisition
March 12, 2018 11:02 AM EDTLoop Capital downgraded Oclaro (NASDAQ: OCLR) from Buy to Hold with a price target of $10.00 after the company agreed to be acquired by LITE.
For an analyst ratings summary and ratings history on Oclaro click here. For more ratings news on Oclaro click here.
Shares of Oclaro closed at $7.85 yesterday.
... More