Name: Lumentum (LITE) Has "Attractive Valuations," Initiated With Buy Rating At BoFA
Uploaded: 2022-09-06T18:36:15.653
Duration: 5 min 34 s
Description: Lumentum (LITE) is a provider of optical and photonic products. George Tsilis discusses LITE as it was initiated with a buy rating and a $105 price target at BoFA. The BoFA analyst cites "attractive valuations" at eleven times forward earnings. George compares LITE to FLEX, IPGP, and QRVO. He then demonstrates an example trade using LITE. Tune in to find out more.

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Lumentum (LITE) is a provider of optical and photonic products. George Tsilis discusses LITE as it was initiated with a buy rating and a $105 price target at BoFA. The BoFA analyst cites "attractive valuations" at eleven times forward earnings. George compares LITE to FLEX, IPGP, and QRVO. He then demonstrates an example trade using LITE. Tune in to find out more.

Lumentum (LITE) Has "Attractive Valuations," Initiated With Buy Rating At BoFA

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