Nomura Securities Maintains a 'Buy' on CenturyLink (CTL); Remains Top Pick

June 8, 2011 10:16 AM EDT
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Price: $11.00 --0%

Rating Summary:
    5 Buy, 14 Hold, 10 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Nomura Securities maintains a 'Buy' on CenturyLink, Inc. (NYSE: CTL), PT $50.

Nomura analyst, Mike McCormack, said, "Yesterday, we met with the senior leadership of CenturyLink. Our positive thesis focusing on synergy execution, conservative guidance, and an overblown M&A threat remain intact. CTL remains one of our top picks; our price target remains $50."

For more ratings news on CenturyLink, Inc. click here and for the rating history of CenturyLink, Inc. click here.

Shares of CenturyLink, Inc. closed at $40.34 yesterday.


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