Raymond James raised the firm’s price target on Lumentum (LITE) to $90 from $80 and keeps a Strong Buy rating on the shares. Lumentum beat the quarter and raised September/December 2025 estimates, but left the June/September 2026 $600M sales target unchanged, the analyst tells investors in a research note. The firm sees meaningful upside to Street estimates.
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Read More on LITE:
- Lumentum price target raised to $73 from $65 at B. Riley
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