Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
---|---|---|---|---|---|
10/05/2022 | -0.5% | Wells Fargo | → $8 | Downgrades | Overweight → Equal-Weight |
08/11/2022 | 36.82% | RBC Capital | $10 → $11 | Maintains | Sector Perform |
08/05/2022 | 24.38% | JP Morgan | → $10 | Reinstates | → Underweight |
08/23/2021 | 36.82% | Morgan Stanley | $12.1 → $11 | Maintains | Underweight |
05/20/2021 | — | Oppenheimer | Downgrades | Outperform → Perform | |
01/28/2021 | — | Morgan Stanley | Downgrades | Equal-Weight → Underweight | |
12/14/2020 | 50.5% | Morgan Stanley | $13.8 → $12.1 | Maintains | Equal-Weight |
Lumen Technologies Questions & Answers
The latest price target for Lumen Technologies (NYSE: LUMN) was reported by Wells Fargo on October 5, 2022. The analyst firm set a price target for $8.00 expecting LUMN to fall to within 12 months (a possible -0.50% downside). 3 analyst firms have reported ratings in the last year.
The latest analyst rating for Lumen Technologies (NYSE: LUMN) was provided by Wells Fargo, and Lumen Technologies downgraded their equal-weight rating.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Lumen Technologies, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Lumen Technologies was filed on October 5, 2022 so you should expect the next rating to be made available sometime around October 5, 2023.
While ratings are subjective and will change, the latest Lumen Technologies (LUMN) rating was a downgraded with a price target of $0.00 to $8.00. The current price Lumen Technologies (LUMN) is trading at is $8.04, which is out of the analyst's predicted range.