LUMN - Lumen Technologies' Underperformance In The Telecom Sector

2024-03-28 01:14:20 ET

Summary

• Lumen Technologies, formerly known as CenturyLink, is an alternative telecommunications company offering communications, network, and managed services.
• The company's revenue is in decline and growth is falling behind the industry in every business except public sector, with no clear signs of improvement.
• I rate Lumen a sell at a price target of $1.23, 20% downside from today.

Lumen Technologies, Inc. ( LUMN ), formerly known as CenturyLink, is an alternative telecommunications company that offers a wide range of services, including communications, network, and managed services to both residential and business customers....

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