5 days ago 4

Lumentum price target raised to $90 from $80 at Raymond James

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Lumentum price target raised to $90 from $80 at Raymond James

https://www.tipranks.com/news/the-fly/lumentum-price-target-raised-to-90-from-80-at-raymond-james-thefly

TipRanks

Thu, Jun 5, 2025, 8:55 AM 1 min read

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Raymond James raised the firm’s price target on Lumentum (LITE) to $90 from $80 and keeps a Strong Buy rating on the shares. Lumentum beat the quarter and raised September/December 2025 estimates, but left the June/September 2026 $600M sales target unchanged, the analyst tells investors in a research note. The firm sees meaningful upside to Street estimates.

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