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Analysts Offer Insights on Communication Services Companies: Gogo (GOGO) and Lumen Technologies (LUMN)

Tipranks - Sun Mar 1, 6:12AM CST

Analysts fell to the sidelines weighing in on Gogo (GOGOResearch Report) and Lumen Technologies (LUMNResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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Gogo (GOGO)

In a report released yesterday, Louie DiPalma from William Blair reiterated a Hold rating on Gogo. The company’s shares closed last Friday at $4.23.

According to TipRanks.com, DiPalma is a 4-star analyst with an average return of 6.1% and a 60.4% success rate. DiPalma covers the Technology sector, focusing on stocks such as Palantir Technologies, Science Applications, and Caci International. ;'>

Currently, the analyst consensus on Gogo is a Moderate Buy with an average price target of $10.50, representing a 158.6% upside. In a report released today, TipRanks – OpenAI also reiterated a Hold rating on the stock with a $4.50 price target.

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Lumen Technologies (LUMN)

In a report released yesterday, Sebastiano Petti from J.P. Morgan maintained a Hold rating on Lumen Technologies, with a price target of $6.00. The company’s shares closed last Friday at $7.11.

According to TipRanks.com, Petti is a 4-star analyst with an average return of 9.4% and a 66.4% success rate. Petti covers the NA sector, focusing on stocks such as Rogers Communication, Sirius XM Holdings, and T Mobile US. ;'>

Currently, the analyst consensus on Lumen Technologies is a Hold with an average price target of $7.61, a 10.9% upside from current levels. In a report issued on February 15, TipRanks – Anthropic also upgraded the stock to Hold with a $8.00 price target.

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