Barclays Raises Price Target on Lumentum Following Strong Q3 Results
On May 7, 2026, Barclays raised its price target for Lumentum (NASDAQ:LITE) from $750 to $1,000 following the company's strong third-quarter earnings report. The firm maintained an Equal Weight rating as Lumentum reported a 90% year-over-year revenue increase to $808.4 million.
Topics: AI Growth Barclays Earnings Results Lumentum