![](https://i0.wp.com/shacklemedia.com/wp-content/uploads/2022/10/lumen-stock-on-track-for-lowest-close-since-1991-as-analyst-cites-risks-to-dividend.jpg?w=640&ssl=1)
Lumen Technologies shares tumbled Wednesday after an analyst at Wells Fargo cited concerns over risks to the telecommunication company’s dividend.
Wells Fargo analyst Eric Luebchow downgraded shares of Lumen (ticker: LUMN) to Equal Weight from Overweight and cut his12-month price target to $8 from $12.50.
Source: finance.yahoo.com
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