Lumentum Stock Nears $960 After JPMorgan, Mizuho Raise Targets on Nvidia AI Optics Demand
JPMorgan bumped its price target on Lumentum to $950 from $565, pushing the stock higher again Thursday. That move came right after Mizuho’s own hike to $930 from $750. Lumentum reached $959.57 in intraday trading and hovered around $899.39, up roughly 0.4% by late morning in New York. Shares already surged 9.8% Wednesday.
