AI Demand Drives $5 Billion in New Business and Massive Expansion of the Internet
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JPMorgan Upgrades Lumen (LUMN) to Neutral
August 7, 2024 5:42 AM EDTJPMorgan analyst Philip Cusick upgraded Lumen (NYSE: LUMN) from Underweight to Neutral.
The analyst comments "We upgrade LUMN to Neutral (from Underweight) following recent Private Connectivity Fabric solutions deals totaling $5b with discussions for an additional $7b underway. The pre-funding of these... More
