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LUMN
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174 days

Lumen’s stock got little love from Wall Street analysts. That’s now changing. - MarketWatch

1. Lumen's stock tripled in 2024 amid AI deals. 2. Citi upgraded Lumen to buy, citing four catalysts. 3. Lumen announced $8.5 billion in Private Connectivity Fabric business. 4. Potential fiber asset monetization valued at $7-$10 billion. 5. Cost-cutting strategy aims to reduce expenses by $1 billion.

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FAQ

Why Bullish?

Citi's upgrade reflects increased analyst confidence and potential for stock growth, similar to past bullish analyst ratings leading to price surges for LUMN.

How important is it?

Analyst upgrades and revenue growth projections indicate strong market interest, directly affecting LUMN's stock potential.

Why Long Term?

Improvements in revenue and cost-cutting measures suggest positive growth but may take time, mirroring previous recovery periods for LUMN.

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