Lumentum Holdings (LITE) Unveils New Transceivers

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Lumentum (LITE) PT Lowered to $90 at Jefferies

April 2, 2025 4:26 AM EDT

Jefferies analyst Blayne Curtis lowered the price target on Lumentum (NASDAQ: LITE) to $90.00 (from $100.00) while maintaining a Buy rating.

The analyst comments "LITE hosted their annual OFC investor briefing, revising their LT model higher and highlighting opportunities from Optical Circuit... More