Page 3 - Nasdaq Lite News Today

Shares of Lumentum Holdings Inc. (NASDAQ:LITE – Get Free Report) have been given an average recommendation of “Hold” by the thirteen ratings firms that are presently covering the stock, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and six have issued a buy […]

Lumentum Holdings Inc. (NASDAQ:LITE – Get Free Report) Director Julia Suzanne Johnson sold 1,163 shares of Lumentum stock in a transaction dated Monday, November 20th. The shares were sold at an average price of $44.17, for a total transaction of $51,369.71. Following the completion of the sale, the director now owns 22,032 shares in the […]

Lumentum (NASDAQ:LITE – Get Free Report) issued an update on its second quarter earnings guidance on Wednesday morning. The company provided EPS guidance of $0.25-$0.35 for the period, compared to the consensus EPS estimate of $0.31. The company issued revenue guidance of $350-$380 million, compared to the consensus revenue estimate of $314.04 million. Lumentum Trading […]

Lumentum (NASDAQ:LITE – Free Report) had its target price reduced by Raymond James from $51.50 to $49.50 in a research report report published on Tuesday morning, Benzinga reports. They currently have an outperform rating on the technology company’s stock. A number of other brokerages have also commented on LITE. Bank of America cut their price […]

Lumentum (NASDAQ:LITE – Get Free Report) had its price objective lowered by Raymond James from $51.50 to $49.50 in a research note issued to investors on Tuesday, Benzinga reports. The firm presently has an “outperform” rating on the technology company’s stock. Raymond James’ price target indicates a potential upside of 27.84% from the company’s previous […]

Lumentum (NASDAQ:LITE – Get Free Report) had its target price decreased by equities researchers at Rosenblatt Securities from $62.00 to $55.00 in a research note issued on Tuesday, Benzinga reports. The firm currently has a “buy” rating on the technology company’s stock. Rosenblatt Securities’ price target points to a potential upside of 42.05% from the […]

Hussman Strategic Advisors Inc. trimmed its position in Lumentum Holdings Inc. (NASDAQ:LITE – Free Report) by 16.1% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,800 shares of the technology company’s stock after selling 1,500 shares during the quarter. […]

Retirement Systems of Alabama raised its stake in Lumentum Holdings Inc. (NASDAQ:LITE – Free Report) by 4.8% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 303,533 shares of the technology company’s stock after acquiring an additional 14,032 shares during the period. […]

Shares of Lumentum Holdings Inc. (NASDAQ:LITE – Get Free Report) have received an average recommendation of “Hold” from the thirteen brokerages that are covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and six have issued a buy rating on the company. […]

Lumentum Holdings Inc. (NASDAQ:LITE – Get Free Report) has been given a consensus rating of “Hold” by the thirteen ratings firms that are presently covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and six have issued a buy rating on the […]