Lumentum wins Evercore Outperform rating with $1,100 price target
AI Summary- Evercore ISI initiated Lumentum coverage with an Outperform rating and $1,100 price target.
- Lumentum reported $1.01 billion in fiscal Q4 2026 net revenue.
- Lumentum acquired Oclaro in 2018 and NeoPhotonics in 2022.