Lumentum beats estimates on AI demand, guides above consensus
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Lumentum (LITE) PT Raised to $1,000 at Morgan Stanley
August 12, 2026 5:16 AM EDTMorgan Stanley analyst Meta Marshall raised the price target on Lumentum (NASDAQ: LITE) to $1,000.00 (from $900.00) while maintaining a Equalweight rating.
The analyst comments "PT to $1,000 from $900; remain EW, see catalyst towards PT in next couple of quarters as NPO / CPO ecosystem comes together. We are... More
