Lumentum's AI Driven Growth: A Cautionary Tale of Tech Fever The recent surge in price targets for Lumentum Holdings (LITE) stock is a testament to the company's strategic shift towards the lucrative artificial intelligence infrastructure market.
Analysts are revising their expectations, but beneath the surface lies a more complex story that warrants closer examination.
At first glance, it's easy to get swept up in the enthusiasm surrounding Lumentum's growth narrative.