Lumen Technologies shares are trading lower after Wells Fargo downgraded the stock from Equal-Weight to Underweight.
Portfolio Pulse from Benzinga Newsdesk
Lumen Technologies shares are trading lower after Wells Fargo downgraded the stock from Equal-Weight to Underweight.
August 16, 2024 | 11:36 am
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Lumen Technologies shares are trading lower after Wells Fargo downgraded the stock from Equal-Weight to Underweight.
The downgrade by a major financial institution like Wells Fargo is likely to negatively impact investor sentiment and lead to a short-term decline in Lumen Technologies' stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100