UBS analyst David Vogt raised the firm’s price target on Lumentum (LITE) to $960 from $455 and keeps a Neutral rating on the shares.
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Read More on LITE:
- Needham’s O’Loughlin Maintains Hold on Lumentum but Lifts Price Target to $995 Amid Strong Demand Outpacing Capacity
- Lumentum reports Q3 adjusted EPS $2.37, consensus $2.27
- Lumentum sees Q4 adjusted EPS $2.85-$3.05, consensus $2.69
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- Lumentum options imply 9.9% move in share price post-earnings