Do Analysts Expect Lumen Technologies Inc (LUMN) Stock to Rise After It Has Fallen -38.62% in a Month?

InvestorsObserver is giving Lumen Technologies Inc (LUMN) an Analyst Rating Rank of 1, meaning LUMN is ranked higher by analysts than 1% of stocks. The average price target for LUMN is $5.227 and analyst’s rate the stock as a Hold.

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?

You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers. InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.

What's Happening With Lumen Technologies Inc Stock Today?

Lumen Technologies Inc (LUMN) stock is trading at $2.40 as of 10:16 AM on Friday, Mar 17, a decline of -$0.09, or -3.61% from the previous closing price of $2.49. The stock has traded between $2.39 and $2.45 so far today. Volume today is light. So far 4,926,325 shares have traded compared to average volume of 40,444,901 shares. Click Here to get the full Stock Report for Lumen Technologies Inc stock.