UBS Maintains Neutral on Lumen Technologies, Lowers Price Target to $1.5
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Batya Levi maintains a Neutral rating on Lumen Technologies (NYSE:LUMN) and lowers the price target from $2.5 to $1.5.
November 01, 2023 | 7:09 pm
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NEGATIVE IMPACT
UBS has lowered the price target for Lumen Technologies from $2.5 to $1.5, while maintaining a Neutral rating.
The lowering of the price target by UBS indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on LUMN's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100