Lumen And Meta Join Forces To Boost AI With Flexible, On-Demand Network Solutions
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 21 2024
0mins
Source: Benzinga
Lumen Technologies Partners with Meta: Lumen Technologies has announced a partnership with Meta Platforms to enhance Meta's network capacity, supporting its AI initiatives and providing secure, on-demand bandwidth for complex computing needs.
Stock Performance: Following the announcement, Lumen's shares rose by 9.50%, reaching $7.38, as investors show increased interest in the company's growth potential linked to this collaboration.
Analyst Views on PSCU
Wall Street analysts forecast PSCU stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PSCU is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
0 Buy
0 Hold
0 Sell
Current: 59.715
Low
Averages
High
Current: 59.715
Low
Averages
High
No data
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
