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NeoPhotonics 'coping' with Huawei ban - Needham

Jun. 24, 2019 9:04 AM ETLumentum Holdings Inc. (LITE) StockLITEBy: Brandy Betz, SA News Editor1 Comment
  • Needham says NeoPhotonics (NYSE:NPTN) is "working through" the U.S. supplier ban for Huawei.
  • Analyst Alex Henderson notes that 46% of the company's supplies to Huawei aren't covered by the ban.
  • Needham maintains NPTN at a Hold rating with no PT.
  • NPTN has a Neutral average SA Authors' rating.

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