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Lumentum Jumps 8% as StoneX Starts Coverage With $1,200 Target; Applied Optoelectronics and Coherent Climb 6%

Source: 247wallst.com

Analyst InsightsTechnology & Innovation
Lumentum Jumps 8% as StoneX Starts Coverage With $1,200 Target; Applied Optoelectronics and Coherent Climb 6%

A fresh Buy rating from StoneX lifted optical networking stocks, with Lumentum Holdings leading the move. Lumentum shares rose 8% to $819; the article provides no further rating rationale or broader market data.

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