AIBullishBlockonomi · Apr 106/10
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Lumentum (LITE) Stock Gains as Wall Street Raises Targets on AI-Driven Order Surge
Lumentum Holdings stock increased 1.4% after Wall Street analysts raised price targets in response to strong AI-driven order demand that has secured the company's manufacturing capacity through 2028. The surge reflects growing demand for optical components essential to AI infrastructure and data center expansion.