<div id="readability-page-1"><p>02:30 PM EDT, 05/07/2026 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:</p><p>We raise our 12-month target price by $3 to $11, applying an EV/revenue multiple of 2.1x to our 2026 estimate, a slight premium to its 10-year historical average multiple at 2.0x. We lower our 2026 loss estimate to -$0.63 from -$0.45 and 2027's loss to -$0.41 from -$0.26. LUMN grappled with declining business revenues, reflecting ongoing difficulties in sustaining growth across key segments. Profitability was pressured by increased operating costs and one-time expenses, including costs related to modernization, severance, and transactions. The shift to new digital and consumption-based business models proved to be slow, with adoption still in early stages and performance showing variability. LUMN also highlighted challenges in converting opportunities in the public sector, due to long decision cycles that make revenue timing uncertain.</p> <p>MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.</p></div>

LUMN

IDGT

DTCR

XDAT

<p>CFRA maintains a hold opinion on Lumen Technologies, raising the 12-month target price to $11. Analysts lowered 2026 loss estimates to -$0.63 and 2027's to -$0.41, citing declining revenues and increased operating costs. The transition to digital business models is slow, with challenges in public sector opportunities due to long decision cycles. MT Newswires does not provide investment advice.</p>

fidelity

Lumen Tech

iShares US Digital Infrastructure and Real Estate ETF

Comm Servcies Select Sector SPDR

Global X Data Center & Dgtl Infrs ETF

VGtelecomm

SPDR S&P Telecom

Franklin Exponential Data ETF

Research Alert: CFRA Maintains Hold Opinion On Shares Of Lumen Technologies, Inc.