Apple shares drop on iPhone suppliers' warnings

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Apple (AAPL) Erases Decline, Climbs 0.25%

November 13, 2018 9:39 AM EST

Apple (NASDAQ: AAPL) Erases Decline, Climbs 0.25%

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Lumentum (LITE) PT Lowered to $72 at Piper Jaffray Following Recent Sell-Off

November 13, 2018 9:14 AM EST

Piper Jaffray analyst Troy Jensen lowered the price target on Lumentum (NASDAQ: LITE) to $72.00 (from $85.00) while maintaining a Overweight rating Following the 33% drop in the company's stock price. Jensen believes the reduced forecast at Apple has nothing to due with lost share for... More

Lumentum (LITE) PT Lowered to $60 at MKM Partners Following Guidance Cut

November 13, 2018 8:48 AM EST

MKM Partners analyst Michael Genovese lowered the price target on Lumentum (NASDAQ: LITE) to $60.00 (from $78.00) while maintaining a Buy rating. Yesterday morning Lumentum lowered the 2QFY19 guidance it just provided on November 1. The company reduced the revenue outlook by $72.5mn at the mid-point to... More

Lumentum (LITE) PT Lowered to $60 at Northland Capital Markets

November 12, 2018 3:57 PM EST

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.

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Lumentum (LITE) Says Notification From Customer Came a Few Days Ago - Bloomberg, Citing Comments at UBS Conf.

November 12, 2018 3:01 PM EST

(Updated - November 12, 2018 3:07 PM EST)

(Updated - November 12, 2018 3:03 PM EST)

Lumentum Holdings (NASDAQ: LITE) Says Notification From Customer Came a Few Days Ago - Bloomberg, Citing Comments at UBS Conf.

Customer Doesn't Share End Demand PictureIssue Isn't Related to... More