Lumentum Updates Outlook For Fiscal Second Quarter 2019
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Lumentum (LITE) PT Lowered to $72 at Piper Jaffray Following Recent Sell-Off
November 13, 2018 9:14 AM ESTPiper Jaffray analyst Troy Jensen lowered the price target on Lumentum (NASDAQ: LITE) to $72.00 (from $85.00) while maintaining a Overweight rating Following the 33% drop in the company's stock price. Jensen believes the reduced forecast at Apple has nothing to due with lost share for... More
Lumentum (LITE) PT Lowered to $60 at MKM Partners Following Guidance Cut
November 13, 2018 8:48 AM ESTMKM Partners analyst Michael Genovese lowered the price target on Lumentum (NASDAQ: LITE) to $60.00 (from $78.00) while maintaining a Buy rating. Yesterday morning Lumentum lowered the 2QFY19 guidance it just provided on November 1. The company reduced the revenue outlook by $72.5mn at the mid-point to... More
Lumentum (LITE) PT Lowered to $60 at Northland Capital Markets
November 12, 2018 3:57 PM ESTNorthland Capital Markets analyst Tim Savageaux lowered the price target on Lumentum (NASDAQ: LITE) to $60.00 (from $90.00) while maintaining a Outperform rating following today's earnings warning.
... MoreLumentum (LITE) Says Notification From Customer Came a Few Days Ago - Bloomberg, Citing Comments at UBS Conf.
November 12, 2018 3:01 PM EST(Updated - November 12, 2018 3:07 PM EST)
(Updated - November 12, 2018 3:03 PM EST)
Lumentum Holdings (NASDAQ: LITE) Says Notification From Customer Came a Few Days Ago - Bloomberg, Citing Comments at UBS Conf.
Customer Doesn't Share End Demand PictureIssue Isn't Related to... MoreApple (AAPL) Set to Open Lower by 2.4% Following Profit Warning from Lumentum (LITE)
November 12, 2018 8:34 AM ESTApple (NASDAQ: AAPL) Set to Open Lower by 2.4% Following Profit Warning from Lumentum (Nasdaq: LITE).
In its warning, LITE said: "We recently received a request from one of our largest Industrial and Consumer customers for laser... More
Lumentum Holdings (LITE) to Resume Trading at 8:30 am ET
November 12, 2018 8:13 AM ESTLumentum Holdings (NASDAQ: LITE) to Resume Trading at 8:30 am ET
... More