Craig-Hallum analysts predict that the telecom market, a str...

Moomoo AI Dec 22, 2023 21:54

Craig-Hallum analysts predict that the telecom market, a strong base for Lumentum, is set to bottom out. Recent Cloud Light acquisition is seen to boost Lumentum's footprint in the affluent datacom market. Reduced Apple exposure, previously a stumbling block, is now seen as a positive stride.

Lumentum Ticks Higher After Craig-Hallum Upgrades to Buy

Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more

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