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LITE

Lumentum

$59.25

0.5 (0.85%)

13:36
08/09/17
08/09
13:36
08/09/17
13:36

Lumentum price target raised to $75 from $60 at Craig-Hallum

Craig-Hallum analyst Richard Shannon raised his price target for Lumentum to $75 and reiterates a Buy rating on the shares following today's Q4 results.

  • 09

    Aug

  • 05

    Sep

LITE Lumentum
$59.25

0.5 (0.85%)

06/22/17
STFL
06/22/17
NO CHANGE
STFL
Lumentum price target raised to $73 from $53 at Stifel
Stifel analyst Patrick Newton raised his price target on Lumentum based on his research which indicates that the company has become the leader in developing 3D sensing applications. The analyst thinks that this development "sets the stage" for the company to "deliver significant earnings power over the next couple of years." He keeps a Buy rating on the stock.
06/22/17
DADA
06/22/17
INITIATION
Target $77
DADA
Buy
Lumentum initiated with a Buy at DA Davidson
DA Davidson analyst Mark Kelleher initiated Lumentum with a Buy and a $77 price target saying the company is well positioned for significant growth in the optical networking market and has a significant market opportunity to supply lasers to the 3D Sensing market.
08/09/17
RSBL
08/09/17
NO CHANGE
Target $70
RSBL
Buy
Lumentum price target raised to $70 from $66 at Rosenblatt
08/09/17
08/09/17
NO CHANGE
Target $70

Buy
Lumentum target raised to $70 on better than expected Apple order at Rosenblatt
As previously reported, Rosenblatt analyst Jun Zhang raised the firm's price target on Lumentum to $70 from $66 after the company confirmed its receipt of a $200M 3D sensing order for calendar 2017, believed to be from Apple (AAPL). This order was better than the firm's expectations and the consensus view, said Zhang, who keeps a Buy rating on Lumentum shares.

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