Lumentum Updates Outlook For Fiscal Second Quarter 2019
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November 13, 2018 9:14 AM EST
Piper 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
November 13, 2018 8:48 AM EST
MKM 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
November 12, 2018 3:57 PM EST
Northland 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.
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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...
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November 12, 2018 8:34 AM EST
Apple (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
November 12, 2018 8:13 AM EST
Lumentum Holdings (NASDAQ: LITE) to Resume Trading at 8:30 am ET
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