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JPMorgan Double Upgrades Lumentum Amid Stronger Telecom Market
Friday, March 22, 2019 - 11:23am | 432JPMorgan's Neutral stance on Lumentum Holdings Inc (NASDAQ: LITE)'s stock was based on iPhone-related concerns, but the research firm said Friday that volumes are now likely to stabilize. The Analyst JPMorgan's Samik Chatterjee upgraded Lumentum from Neutral to Overweight...
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JPMorgan Finds Multiple Reasons To Turn Bullish On Lumentum
Thursday, October 11, 2018 - 11:15am | 563A combination of encouraging industrywide trends and an attractive valuation are behind JPMorgan's bullish Lumentum Holdings Inc (NASDAQ: LITE) stance. The Analyst JPMorgan's Samik Chatterjee upgraded Lumentum from Neutral to Overweight with an unchanged $80 price target. The...
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UBS Highlights Two Buys, One Sell In The Optics Sector
Wednesday, January 31, 2018 - 3:32pm | 432Analysts at Loop Capital Markets initiated coverage of the optics sector on Tuesday. Now analysts at UBS have followed suit, although not with a similar industrywide bullish stance. The Analyst UBS' Tejas Venkatesh initiated coverage of the following three stocks: Acacia Communications,...
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This Analyst's Bearish Stance On Lumentum No Longer Applies
Tuesday, January 23, 2018 - 11:14am | 424Lumentum Holdings Inc (NASDAQ: LITE), a provider of optical and photonic products and key Apple Inc. (NASDAQ: AAPL) supplier, will be closely watched by investors amid concerning reports that iPhone demand isn't as strong as expected. The Analyst Morgan Stanley's Meta Marshall upgraded...
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5 Reasons Finisar Is An Analyst's Top Pick For 2018
Friday, December 29, 2017 - 2:18pm | 3812017 was a challenging year for Finisar Corporation (NASDAQ: FNSR), with the stock losing more than 30 percent. But some on Wall Street are optimistic the coming year will be a profitable one for shareholders of the optical communications company. The Analyst Northland Capital Markets'...
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2 Reasons Goldman Downgraded Finisar
Tuesday, November 7, 2017 - 1:20pm | 359Finisar Corporation (NASDAQ: FNSR)'s 2017 performance has been highlighted by multiple delays in product ramps, including VCSELs for 3D sensing that's being included in Apple Inc. (NASDAQ: AAPL)'s iPhone. The Analyst Goldman Sachs' Doug Clark. The Rating Clark downgraded Finisar...
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Report: Apple Finalizing Acquisition of PrimeSense
Monday, November 18, 2013 - 10:09am | 666A number of sources, according to AllThingsD, confirmed over the weekend that Apple (NASDAQ: AAPL) is in the final stages of negotiations to buy Israeli startup, PrimeSense. PrimeSense is best known as the original supplier for Microsoft (NASDAQ: MSFT)’s gesture-based Kinect gaming device....