Lumentum Holdings (LITE) Soars as Needham Hikes Price Target to $290 on AI Laser Demand – Stock News for November 24, 2025
Lumentum Holdings Inc. (NASDAQ: LITE) rocketed higher on Monday, November 24, 2025, after Needham boosted its price target to $290 and reiterated a Buy rating, citing “top pick” status in AI‑driven data center optics. The move ignited another powerful rally