Why Lumen Stock Gained After Big Volatility Today
LUMNLumen(LUMN) The Motley Fool·2024-07-02 04:37

Analysts at a high-profile financial services company are bearish on Lumen stock.Lumen Technologies (LUMN 0.91%) stock closed out today's trading with moderate gains. The company's share price ended the daily session up roughly 1%, according to data from S&P Global Market Intelligence. The stock had been down as much as 11% earlier in the day's trading.Lumen initially fell today following bearish analyst coverage. Goldman Sachs initiated coverage on the stock with a one-year price target of $1 per share. Bu ...