Lumentum Holdings (LITE) Tops Q4 EPS by 36c, Offers Q1 Guidance
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Lumentum (LITE) PT Raised to $115 at Susquehanna
August 11, 2020 2:31 PM EDTSusquehanna analyst Christopher Rolland raised the price target on Lumentum (NASDAQ: LITE) to $115.00 (from $105.00) while maintaining a Positive rating.
The analyst commented, "While we were encouraged by sustained strength in Telecom and Datacom, we worry a bit that supply constraints limit upside," the analyst commented.
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