Street Calls of the Week
Evercore initiates Lumentum (LITE) at Outperform with a $1,100 target, citing strong demand for Indium Phosphide lasers in AI. Jefferies upgrades Sempra Energy (SRE) to Buy, seeing undervaluation. TD Cowen downgrades Eyepoint (EYPT) to Hold, citing poor trial results. Truist downgrades Covista (CVSA) to Hold, citing valuation concerns. Baird upgrades Sonida Senior Living (SNDA) to Outperform, citing demographic trends.





