Lumen stock jumps on Meta AI partnership
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Raymond James on Lumen (LUMN): 'We do not believe this announcement warrants any near-term moves in the shares'
October 21, 2024 10:11 AM EDTRaymond James analyst Frank Louthan reiterated a Market Perform rating on Lumen (NYSE: LUMN).
The analyst comments "Meta Network Announcement - Incremental or Yesterday's News? This mornings Lumen (LUMN) announced it is partnering with Mela (META) to significantly increase the latter's network... More
