Citi Remains a Buy on Lumentum Holdings Inc (LITE)
Lumentum Holdings Inc. (NASDAQ:LITE) is one of the High-Flying Tech Stocks to Buy. On January 23, Papa Talla Sylla from Citi reiterated a Buy rating on the stock and raised the price target from $240 to $450. A day earlier, on January 22, Ruben Roy from Stifel Nicolaus also reiterated a Buy rating on Lumentum Holdings Inc. (NASDAQ:LITE) and raised the price target from $200 to $400. Ruben Roy of Stifel noted that the improved bullish outlook on the stock is based on the anticipation that agentic AI and ...