A number of firms have modified their ratings and price targets on shares of Lumen Technologies (NYSE: LUMN) recently:
- 8/11/2026 – Lumen Technologies had its price target lowered by Citigroup Inc. from $10.00 to $8.25. They now have a “neutral” rating on the stock.
- 8/9/2026 – Lumen Technologies was upgraded by Wall Street Zen from “sell” to “hold”.
- 8/5/2026 – Lumen Technologies had its price target lowered by The Goldman Sachs Group, Inc. from $8.50 to $7.25. They now have a “neutral” rating on the stock.
- 8/5/2026 – Lumen Technologies had its price target lowered by Wells Fargo & Company from $9.00 to $7.50. They now have an “equal weight” rating on the stock.
- 8/1/2026 – Lumen Technologies was downgraded by Wall Street Zen from “hold” to “sell”.
- 7/17/2026 – Lumen Technologies had its “sell (d-)” rating reaffirmed by Weiss Ratings.
Insider Activity
In other Lumen Technologies news, CEO Kathleen E. Johnson acquired 100,000 shares of the company’s stock in a transaction that occurred on Thursday, August 6th. The shares were bought at an average price of $6.13 per share, with a total value of $613,000.00. Following the completion of the acquisition, the chief executive officer owned 100,000 shares in the company, valued at $613,000. This represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 2.30% of the company’s stock.
Leveraging one of the largest fiber footprints in North America, as well as infrastructure in Latin America and parts of Europe, Lumen connects customers across more than 60 countries.
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