RBC Capital Maintains Sector Perform on Lumen Technologies, Lowers Price Target to $2.25
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Bora Lee has maintained a 'Sector Perform' rating on Lumen Technologies (NYSE:LUMN) but lowered the price target from $2.75 to $2.25.
August 17, 2023 | 2:04 pm
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RBC Capital has maintained its 'Sector Perform' rating on Lumen Technologies but lowered the price target from $2.75 to $2.25.
The lowering of the price target by RBC Capital indicates a less optimistic outlook for Lumen Technologies, which could potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100