The LITE Paradox: Analysts Bullish But Forecast -4.66% Fall
August 03, 2020 at 10:02 AM EDT
Analyst ratings can sometimes be complicated, and we here at ETF Channel have noticed a bit of a paradox with Lumentum Holdings Inc (LITE). The average 12-month price target for LITE — averaging the work of 14 analysts — reveals an average price target of $88.50/share..