Lumentum (LITE) Datacom Sale Should Boost Margins - Rosenblatt

Go back to Lumentum (LITE) Datacom Sale Should Boost Margins - Rosenblatt

Lumentum (LITE) PT Raised to $70 at Needham & Company

May 6, 2019 7:37 AM EDT

Needham & Company analyst Alex Henderson raised the price target on Lumentum (NASDAQ: LITE) to $70.00 (from $65.00) while maintaining a Strong Buy rating ahead of the company's 1Q report. Henderson expects a March Quarter Beat and a Solid CY2Q Guide. Revenue guidance of $420-$440 million... More