Analysts have recently provided their insights on Lumentum Holdings and Apple in the technology sector. Lumentum Holdings saw an upgrade to a Buy rating from Raymond James analyst Simon Leopold, with a price target of $82.00, representing a significant upside potential. The stock also received an upgrade from Northland Securities to Buy. In contrast, Apple received a Hold rating from UBS analyst David Vogt, with a price target of $236.00. Despite this, the company’s shares were close to its 52-week low at $179.31.
Lumentum Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $95.77, while Apple has a consensus of Moderate Buy with a price target of $248.28. Both companies are closely watched in the technology sector, with analysts providing their perspectives on their potential growth and performance.
Overall, investors and analysts are closely monitoring these two companies in the technology sector, as they navigate through market changes and challenges. The upgrades and ratings provided by analysts offer valuable insights into the potential performance of these companies in the near future.
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