Weekly Recap: 130% Q1-2027 revenue forecast and Rosenblatt $1,300 target
Lumentum Holdings, Inc. (NASDAQ:LITE) forecasted fiscal Q1 2027 revenue of $1.23B—$1.28B—about 130% YoY and above expectations—while Rosenblatt reiterated a Buy with a $1,300 target and the company plans demos of a VCSEL optical interconnect with Qualcomm and Corning, lifting premarket shares.Previ…