Analysts have been eager to weigh in on the Technology sector with new ratings on Lumen Technologies (LUMN – Research Report) and CI&T (CINT – Research Report).
Lumen Technologies (LUMN)
In a report issued on May 19, Luke Sergott from Barclays maintained a Hold rating on Lumen Technologies, with a price target of $35.00. The company’s shares closed last Friday at $2.35, close to its 52-week low of $2.06.
According to TipRanks.com, Sergott is ranked 0 out of 5 stars with an average return of
Currently, the analyst consensus on Lumen Technologies is a Moderate Sell with an average price target of $6.78, implying a 172.3% upside from current levels. In a report issued on May 8, RBC Capital also maintained a Hold rating on the stock with a $2.75 price target.
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CI&T (CINT)
In a report issued on May 19, Jason Kupferberg from Bank of America Securities reiterated a Buy rating on CI&T, with a price target of $6.00. The company’s shares closed last Friday at $3.57, close to its 52-week low of $3.34.
According to TipRanks.com, Kupferberg is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for CI&T with a $7.38 average price target.
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Read More on LUMN:
- Lumen Technologies reports first quarter 2023 results
- Lumen reports Q1 adjusted EPS 10c, consensus 6c
- Lumen Technologies options imply 13.7% move in share price post-earnings
- LUMN Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Lumen Announces Early Tender Results and Modification of Exchange Offers for Lumen Senior Notes
