Lumen Technologies (LUMN) Declares $0.25 Quarterly Dividend; 7% Yield

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UPDATE: Oppenheimer Downgrades Lumen (LUMN) to Perform

May 20, 2021 6:05 AM EDT

(Updated - May 20, 2021 6:06 AM EDT)

Oppenheimer analyst Timothy Horan downgraded Lumen (NYSE: LUMN) from Outperform to Perform.

The analyst comments "As of 5/20, we are downgrading LUMN from Outperform to Perform after upgrading the company on 11/5/2020 with a $15 target. LUMN's... More