Analyst Expectations for Lumen Technologies's Future
Portfolio Pulse from Benzinga Insights
In the last 3 months, 4 analysts have offered 12-month price targets for Lumen Technologies (NYSE:LUMN), with an average price target of $2.75, representing a 42.11% decrease from the previous average price target of $4.75.
June 06, 2023 | 5:02 pm
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Lumen Technologies (NYSE:LUMN) has a decreased average 12-month price target of $2.75, down 42.11% from the previous target of $4.75, based on 4 analysts' ratings in the last 3 months.
The decrease in the average 12-month price target for Lumen Technologies indicates a negative sentiment among analysts, which could lead to a short-term downward pressure on the stock price. The 42.11% decrease in the target price is significant and may impact investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100