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:

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.