Stock Track | Lumentum Soars 5.20% Intraday After Bofa Global Research Raises Price Target to $600

Stock Track

02/09

Lumentum's stock price soared 5.20% during intraday trading on Monday, following a positive analyst action.

Bofa Global Research raised its price objective for Lumentum Holdings Inc to $600 from $520, indicating increased confidence in the company's future prospects. This upgrade likely contributed to the bullish sentiment and buying pressure on the stock.

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