LITE has been the subject of a number of analyst reports. B. Riley raised their price objective on shares of Lumentum from $73.00 to $83.00 and gave the company a "neutral" rating in a research report on Wednesday, August 13th. Rosenblatt Securities reiterated a "buy" rating and set a $150.00 target price on shares of Lumentum in a research report on Thursday, August 14th. Wall Street Zen upgraded shares of Lumentum from a "hold" rating to a "buy" rating in a research report on Saturday, August 16th. KGI Securities started coverage on shares of Lumentum in a research report on Monday, August 18th. They set an "outperform" rating for the company. Finally, Bank of America upgraded shares of Lumentum from an "underperform" rating to a "neutral" rating and lifted their target price for the company from $78.00 to $135.00 in a research report on Wednesday, August 13th.