RBC Capital Maintains Sector Perform on Lumen Technologies, Raises Price Target to $11

RBC Capital analyst Bora Lee maintains Lumen Technologies (NYSE:LUMN) with a Sector Perform and raises the price target from $10 to $11.

RBC Capital analyst Bora Lee maintains Lumen Technologies (NYSE:LUMN) with a Sector Perform and raises the price target from $10 to $11.

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Investor Fear Eases Slightly On Last Trading Day Of 2022

The CNN Money Fear and Greed index showed some easing in the fear level among US investors on the last trading day of 2022. US stocks fell on Friday with Wall Street recording its worst year since 2008. The Dow fell around 9%, while the S&P 500 lost 19.4% last year. The tech-heavy Nasdaq was among the worst performer, dipping around 33.1% during 2022.

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