Lumentum PT receives Investment Bank Analyst Rating Update
By Sam Boughedda Lumentum Holdings (NASDAQ:LITE) shares dropped Friday after TF International Securities analysts tweeted that Sony (NYSE:SONY) will replace Lumentum and WIN...
Lumentum Holdings Inc . (NASDAQ:LITE), a market-leading designer and manufacturer of innovative optical and photonic products, today announced the appointment of Pamela Fletcher...
While investors have enjoyed the January rally in equities markets, uncertainty remains over increased interest rates, sky-high inflation, and background volatility in the broader...
Lumentum (LITE) shares rallied 3.7% in the last trading session to close at $100.60. This move can be attributable to notable volume with a higher number of shares being traded...
Optical and photonic products maker Lumentum Holdings (NASDAQ:LITE) stock took a hard tumble recently falling (-30%) off its 2021 highs and presenting an opportunistic buying...
Lumentum Holdings Inc. is a provider of optical and photonic products. The Company operates through two segments: Optical Communications (OpComms), and Commercial Lasers (Lasers). Its OpComms segment includes a range of components, modules and subsystems to support customers including carrier networks for access (local), metro (intracity), long-haul (city-to-city and worldwide) and submarine (undersea) applications. In addition, its products address enterprise, cloud, and data center applications, including storage-access networks (SANs), local-area networks (LANs) and wide-area networks (WANs). Its Lasers products are used in a variety of original equipment manufacturers (OEMs) applications including diode-pumped solid-state, fiber, diode, direct-diode and gas lasers, such as argon-ion and helium-neon lasers. The Company provides high-powered and ultrafast lasers for the industrial and scientific markets. It also offers transceiver product lines and ASIC capabilities.
|Average||71.21 (+33.69% Upside)|
|No. of Analysts||14|
|Moving Averages||Strong Buy||Strong Buy||Strong Buy||Neutral||Strong Sell|
|Technical Indicators||Strong Buy||Strong Buy||Strong Buy||Strong Buy||Strong Sell|
|Summary||Strong Buy||Strong Buy||Strong Buy||Buy||Strong Sell|