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Home›US Markets›Sectors›Barclays upgrades Lumentum after the stock lagged the…

Barclays upgrades Lumentum after the stock lagged the chip sector

Reported · Written up by our desk · Sectors

Barclays has turned more constructive on Lumentum, updating its stance after a stretch in which the company’s shares lagged the broader chip sector, according to MarketWatch.

The report says the analyst now recommends the stock following that underperformance, marking a shift from the recent relative weakness versus peers.

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Sources

MarketWatchLumentum’s stock just got a lot more interesting , and Barclays has turned bullish
MarketWatchLumentum’s stock just got a lot more interesting , and Barclays has turned bullish

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