Goldman Sachs Maintains Neutral on Lumen Technologies, Lowers Price Target to $1.5
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Brett Feldman has maintained a Neutral rating on Lumen Technologies (NYSE:LUMN) and lowered the price target from $3 to $1.5.
November 09, 2023 | 4:20 pm
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NEGATIVE IMPACT
Goldman Sachs has maintained a Neutral rating on Lumen Technologies and lowered the price target from $3 to $1.5.
The lowering of the price target by Goldman Sachs indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Lumen Technologies' stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100