B of A Securities Maintains Underperform on Lumen Technologies, Raises Price Target to $2
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst David Barden maintains an Underperform rating on Lumen Technologies (NYSE:LUMN) but raises the price target from $1 to $2.

August 08, 2024 | 5:02 pm
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NEUTRAL IMPACT
B of A Securities analyst David Barden maintains an Underperform rating on Lumen Technologies but raises the price target from $1 to $2.
The Underperform rating suggests a negative outlook, but the raised price target indicates some positive reassessment. The net impact is likely neutral in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100