Goldman Sachs Initiates Coverage On Lumen Technologies with Sell Rating, Announces Price Target of $1
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs has initiated coverage on Lumen Technologies with a Sell rating and set a price target of $1.
July 01, 2024 | 9:34 am
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NEGATIVE IMPACT
Goldman Sachs has initiated coverage on Lumen Technologies with a Sell rating and set a price target of $1, indicating a bearish outlook.
The Sell rating and low price target from a major financial institution like Goldman Sachs are likely to negatively impact investor sentiment and the stock price of Lumen Technologies in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100