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Coherent, Applied Optoelectronics upgraded by Northland on Marvell deal for Lumentum (COHR:NYSE)

Finance Desk

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  • Coherent (COHR) and Applied Optoelectronics (AAOI) were upgraded by Northland Capital Markets on Monday after Marvell Technology (MRVL) announced its deal for Lumentum (LITE).
  • “While the upside in the AI Optical group from reports that MRVL was fleeting, it served to

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