Yahoo Finance AIApr 10, 2026Apr 11, 2026, 01:00 JST1 min read

Lumentum and Coherent surge as J.P. Morgan raises price targets on strong hyperscaler AI demand

3 Key Points

Lumentum and Coherent stocks climbed following positive commentary about demand from hyperscalers (major cloud and AI infrastructure companies)
J.P. Morgan issued fresh price-target increases for both companies, signaling confidence in their growth prospects
The gains reflect broader investor optimism around AI infrastructure stocks benefiting from accelerating demand for computing power

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