TD Cowen Raises Price Target on Lumen (LUMN) Following Strong Q1 Results
On May 6, TD Cowen raised its price target for Lumen Technologies from $8 to $9 while maintaining a Hold rating. The upgrade was driven by better-than-expected first-quarter results in EBITDA and strong performance in the Public Sector business.
Tickers: $LUMN
Topics: acquisition of Alkira Lumen Technologies price target increase TD Cowen