Published On: Wed, Oct 19th, 2016

Lumentum Holdings Inc. (NASDAQ:LITEV) Analyst Review


A number of investment brokers have recently updated their price targets on shares of Lumentum Holdings Inc. (NASDAQ:LITEV).

Most recent broker ratings

10/11/2016 – Lumentum Holdings Inc. was downgraded to “sell” by analysts at Goldman Sachs.

09/19/2016 – Lumentum Holdings Inc. had its “strong buy” rating reiterated by analysts at Needham & Company. They now have a USD 50 price target on the stock.

08/10/2016 – Lumentum Holdings Inc. had its “underweight” rating reiterated by analysts at Barclays. They now have a USD 30 price target on the stock.

08/10/2016 – Lumentum Holdings Inc. had its “buy” rating reiterated by analysts at Stifel Nicolaus. They now have a USD 42 price target on the stock.

07/20/2016 – Lumentum Holdings Inc. had its “buy” rating reiterated by analysts at MKM Partners. They now have a USD 32 price target on the stock.

05/31/2016 – Lumentum Holdings Inc. had its “market perform” rating reiterated by analysts at Raymond James.

05/05/2016 – Lumentum Holdings Inc. was upgraded to “overweight” by analysts at JP Morgan. They now have a USD 28 price target on the stock.

04/08/2016 – Lumentum Holdings Inc. had its “hold” rating reiterated by analysts at Drexel Hamilton.

03/28/2016 – Lumentum Holdings Inc. had its “outperform” rating reiterated by analysts at Northland Securities. They now have a USD 33 price target on the stock.

03/04/2016 – Lumentum Holdings Inc. was upgraded to “buy” by analysts at Jefferies. They now have a USD 26 price target on the stock.

02/23/2016 – Lumentum Holdings Inc. had its “overweight” rating reiterated by analysts at Piper Jaffray.

02/05/2016 – Lumentum Holdings Inc. had its “neutral” rating reiterated by analysts at B. Riley. They now have a USD 31.5 price target on the stock.

09/09/2015 – Lumentum Holdings Inc. had its “sector perform” rating reiterated by analysts at RBC Capital. They now have a USD 20 price target on the stock.

08/13/2015 – Morgan Stanley began new coverage on Lumentum Holdings Inc. giving the company a “equal weight” rating. They now have a USD 18.5 price target on the stock.

The share price of Lumentum Holdings Inc. (NASDAQ:LITEV) was up +0.00% during the last day of trading, with a day high of 0.00. 0 shares were traded during the last session.

The stock’s 50 day moving average is 20.13 and its 200 day moving average is 20.13.Lumentum Holdings Inc. has a 52-week low of 17.00 and a 52-week high of 26.88.

Lumentum Holdings Inc. is a provider of optical and photonic products for a range of end market applications, including data communications (Datacom) and telecommunications (Telecom) networking and commercial lasers (commercial lasers) for manufacturing, inspection and life-science applications. The Company operates in two segments: Optical Communications (OpComms) and Commercial Lasers (Lasers). The Company’s OpComms products include a range of components, modules and subsystems to support and maintain customers in its two primary markets: Telecom and Datacom. The Company’s Lasers products serve customers in markets and applications, such as manufacturing, biotechnology, graphics and imaging, remote sensing, and precision machining, such as drilling in printed circuit boards, wafer singulation and solar cell scribing. The Company’s customers include original equipment manufacturers (OEMs).