Nomura Starts Q, T, CTL at Buy, S, VZ, FTR at Neutral

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In the Communication Services sector earlier, an analyst at Nomura initiated coverage on the following stocks:

• Qwest (NYSE: Q) with a Buy rating and an $8 price target
  
• AT&T (NYSE: T) with a Buy rating and a $34 price target
  
• CenturyTel (NYSE: CTL) with a Buy rating and $50 price target
  
• Sprint (NYSE: S) with a Neutral rating and a $4 price target
  
• Verizon (NYSE: VZ) with a Neutral rating and a $33 price target
  
• Frontier Communications (NYSE: FTR) with a Neutral rating and a $10 price target

Each of the stocks are trading higher today, however, Qwest, the only new Buy rating, is up less than the other two stocks.

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