This Lumentum Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Tuesday – Innospec (NASDAQ:IOSP), Kodiak Gas Services (NYSE:KGS)

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

• BTIG analyst Marie Thibault initiated coverage on Kestra Medical Technologies Ltd (NASDAQ:KMTS) with a Buy rating and announced a price target of $32. Kestra Medical Techs shares closed at $25.10 on Monday. See how other analysts view this stock.
• Freedom Capital Markets analyst David Silver initiated coverage on Innospec Inc (NASDAQ:IOSP) with a Buy rating and announced a price target of $93. Innospec shares closed at $72.23 on Monday. See how other analysts view this stock.
• UBS analyst Michael Goldsmith initiated coverage on Sabra Health Care REIT Inc (NASDAQ:SBRA) with a Neutral rating and announced a price target of $20. Sabra Health Care shares closed at $18.59 on Monday. See how other analysts view this stock.
• Mizuho analyst Vijay Rakesh initiated coverage on Lumentum Holdings Inc (NASDAQ:LITE) with an Outperform rating and announced a price target of $290. Lumentum closed at $242.07 on Monday. See how other analysts view this stock.
• William Blair analyst Neal Dingmann initiated coverage on Kodiak Gas Services Inc (NYSE:KGS) with an Outperform rating. Kodiak Gas Services shares closed at $32.95 on Monday. See how other analysts view this stock.

Considering buying LITE stock? Here’s what analysts think:

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