Lumentum (LITE) PT Raised to $108 at Raymond James Following Coherent Deal

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MKM Partners Reiterates Buy Rating on Lumentum (LITE)

January 20, 2021 8:04 AM EST

MKM Partners analyst Michael Genovese reiterated a Buy rating and $138.00 price target on Lumentum (NASDAQ: LITE).

The analyst comments "Take Advantage of the Pullback: We would take advantage of the pullback in LITE's share post its announcement of its intention to acquire COHR (Not Rated), a leading... More