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Analysts Have Conflicting Sentiments on These Communication Services Companies: Comcast (CMCSA) and Lumen Technologies (LUMN)

Tipranks - Wed Apr 15, 8:54PM CDT

Analysts have been eager to weigh in on the Communication Services sector with new ratings on Comcast (CMCSA) and Lumen Technologies (LUMN).

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Comcast (CMCSA)

In a report issued on April 13, Jonathan Atkin from RBC Capital maintained a Hold rating on Comcast, with a price target of $31.00. The company’s shares closed last Tuesday at $28.14.

Atkin has an average return of 10.4% when recommending Comcast. ;'>

According to TipRanks.com, Atkin is ranked #497 out of 12179 analysts.

Currently, the analyst consensus on Comcast is a Hold with an average price target of $31.93, representing a 14.7% upside. In a report issued on April 1, Scotiabank also maintained a Hold rating on the stock with a $34.00 price target.

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Lumen Technologies (LUMN)

In a report released yesterday, Michael Funk from Bank of America Securities maintained a Sell rating on Lumen Technologies. The company’s shares closed last Tuesday at $7.80.

Funk has an average return of 10.6% when recommending Lumen Technologies. ;'>

According to TipRanks.com, Funk is ranked #11759 out of 12179 analysts.

The word on The Street in general, suggests a Hold analyst consensus rating for Lumen Technologies with a $7.75 average price target.

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