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Lumentum (LITE) Soars 17% on PT Upgrade

We recently published 10 Stocks Stealing Wall Street Spotlight. Lumentum Holdings Inc. (NASDAQ:LITE) is one of the best-performing stocks on Monday. Lumentum Holdings rallied for a second day on Monday, jumping 17.13 percent to close at 299.36apieceasinvestorsentimentwasboostedbyaninvestmentfirmshigherpricetargetforitsstock.InamarketnoteonMonday,NeedhamraiseditspricetargetforLumentumHoldingsInc.(NASDAQ:LITE)to299.36 apiece as investor sentiment was boosted by an investment firm’s higher price target for its stock. In a market note on Monday, Needham raised its price target for Lumentum Holdings Inc. (NASDAQ:LITE) to 290 from $235 previously, while maintaining its “buy” recom ...