Analyst Rating: Will Lumen Technologies Inc (LUMN) Stock Do Better Than the Market?

Wall Street is positive on Lumen Technologies Inc (LUMN). On average, analysts give Lumen Technologies Inc a Hold rating. The average price target is $2.443, which means analysts expect the stock to add by 98.62% over the next twelve months. That average ranking earns Lumen Technologies Inc an Analyst Rating of 2, which is better than 2% of stocks based on data compiled by InvestorsObserver.

Wall Street analysts are rating LUMN a Hold today. Find out what this means to you and get the rest of the rankings on LUMN!

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Why are Analyst Ratings Important?

Analysts know the inner workings of the companies they follow better than anyone but the companies’ management. You can learn a lot about a company from studying the financial statements, but analysts ask questions on conference calls and understand the intricacies of each of the businesses they cover. Analysts understand how bad weather in one part of the world can disrupt supply chains, or disrupt shopping patterns. This lets traders make decisions before a quarterly report that could be worse than expected. InvestorsObserver aggregates the ratings of all the analysts covering a given stock, takes the average of those ratings and then percentile ranks the averages. That provides a level of granularity that is significantly better than just the three levels provided by traditional buy/hold/sell ratings.

What's Happening With Lumen Technologies Inc Stock Today?

Lumen Technologies Inc (LUMN) stock is trading at $1.23 as of 2:54 PM on Monday, Nov 27, a loss of -$0.03, or -2.78% from the previous closing price of $1.26. The stock has traded between $1.23 and $1.30 so far today. Volume today is less active than usual. So far 5,125,340 shares have traded compared to average volume of 18,238,477 shares. Click Here to get the full Stock Report for Lumen Technologies Inc stock.