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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 […]