LITE News and Press, Lumentum Holdings Inc. From 01/31/24

2024-01-31 12:31:47 ET Summary Celestica and Sanmina Corporation both traded higher after posting quarterly results, but the response was different on a fundamental level. Sanmina's Q1 results were weak, but the stock rose unexpectedly due to short covering and an optimistic outlo...

2024-01-26 09:34:16 ET Summary F5's revenue is forecasted to decline or remain flat in the 2024 fiscal year, raising concerns about future growth. The company has shown solid performance in recent years, with growth in revenue and profitability. While F5's shares are relativel...

Lumentum Holdings Inc. ("Lumentum") today announced that it will release its fiscal second quarter 2024 financial results on Thursday, February 8, 2024, before the market opens. Lumentum will hold a conference call the same day at 5:30 a.m. PT/8:30 a.m. ET. A live webcast of the call and the ...

2024-01-16 14:15:01 ET Raymond James analyst issues UNDERPERFORM recommendation for LITE on January 16, 2024 01:00PM ET. The previous analyst recommendation was Underperform. LITE was trading at $52.51 at issue of the analyst recommendation. The overall analyst consensus...

2024-01-16 11:49:56 ET More on iShares Russell 1000 Growth ETF: IWF: Price Isn't Everything; Favor Growth Over Value Citi’s 30 stocks for its 2024 top themes Top overweight stocks with high growth and low volume - MS Seeking Alpha’s Quant Rating...

2024-01-09 16:46:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...

2023-12-22 13:57:56 ET Shares of optical communications equipment and laser maker Lumentum (NASDAQ: LITE) were up by 3% as of 1:53 p.m. ET on Friday after Craig-Hallum analyst Richard Shannon upgraded the stock to buy. Shannon assigned Lumentum a new and improved price target of...

2023-12-22 07:30:02 ET Susquehanna analyst issues BUY recommendation for LITE on December 22, 2023 08:00AM ET. The previous analyst recommendation was Buy. LITE was trading at $51.5 at issue of the analyst recommendation. The overall analyst consensus : BUY. Current ...

2023-12-22 07:30:02 ET Rosenblatt Securities analyst issues UNDERPERFORM recommendation for LITE on December 22, 2023 08:00AM ET. The previous analyst recommendation was Underperform. LITE was trading at $51.5 at issue of the analyst recommendation. The overall analyst c...

2023-12-20 12:21:49 ET Summary I revised my rating for Lumentum Holdings from neutral to buy as I am positive about the potential of the Cloud Light Technology acquisition. The acquisition of CLT has significantly improved Lumentum's growth trajectory and competitive position. ...