BNB$676.86-1.31%BRENT$90.87+3.14%BTC$77,711-1.93%COPPER$6.59+0.37%DJI$53,560-0.02%DOGE$0.0841-1.44%DXY99.54-0.16%ETH$2,396-1.99%GOLD$4,455+0.03%NDX$29,433-0.70%SILVER$67.26+1.68%SOL$91.24-2.07%SPX$7,712-0.25%US10Y4.72+1.03%VIX15.21+5.41%BNB$676.86-1.31%BRENT$90.87+3.14%BTC$77,711-1.93%COPPER$6.59+0.37%DJI$53,560-0.02%DOGE$0.0841-1.44%DXY99.54-0.16%ETH$2,396-1.99%GOLD$4,455+0.03%NDX$29,433-0.70%SILVER$67.26+1.68%SOL$91.24-2.07%SPX$7,712-0.25%US10Y4.72+1.03%VIX15.21+5.41%
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Evercore ISI Rates Lumentum Outperform with $1,100 Target

Key takeaways

  • Evercore ISI has initiated coverage on Lumentum, assigning an outperform rating and a price target of $1,100, citing its potential in AI infrastructure.

Analysis

Evercore ISI has initiated coverage on Lumentum, assigning an outperform rating and a price target of $1,100, citing its potential in AI infrastructure.

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