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Lumentum (LITE) PT Raised to $90 at DA Davidson

May 8, 2019 8:46 AM EDT

DA Davidson analyst Mark Kelleher raised the price target on Lumentum (NASDAQ: LITE) to $90.00 (from $80.00) while maintaining a Buy rating following the company's 3Q earnings report. LITE reported solid results, with revenue and EPS above expectations. Strength in the quarter was driven by... More