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Lumentum (NASDAQ:LITE – Get Rating) had its target price decreased by stock analysts at Barclays from $65.00 to $55.00 in a report issued on Thursday, The Fly reports. The firm currently has an “overweight” rating on the technology company’s stock. Barclays‘s price objective points to a potential upside of 18.71% from the company’s previous close. […]
Lumentum (NASDAQ:LITE – Get Rating) was downgraded by research analysts at Rosenblatt Securities from a “buy” rating to a “neutral” rating in a research report issued on Thursday, The Fly reports. LITE has been the subject of a number of other research reports. UBS Group began coverage on Lumentum in a report on Tuesday, December […]
Lumentum Holdings Inc. (NASDAQ:LITE – Get Rating) shares hit a new 52-week low during trading on Thursday after Morgan Stanley lowered their price target on the stock from $66.00 to $60.00. The company traded as low as $45.33 and last traded at $45.66, with a volume of 1719883 shares changing hands. The stock had previously […]
Lumentum (NASDAQ:LITE – Get Rating) had its target price dropped by Bank of America from $70.00 to $56.00 in a research report issued to clients and investors on Thursday, The Fly reports. Bank of America‘s price target would suggest a potential upside of 9.14% from the company’s previous close. A number of other analysts have […]
MetLife Investment Management LLC cut its stake in Lumentum Holdings Inc. (NASDAQ:LITE – Get Rating) by 3.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 42,937 shares of the technology company’s stock after selling 1,375 shares during the period. MetLife Investment […]