CenturyLink, Inc. (CTL) PT Lowered to $7 at MoffettNathanson

May 28, 2020 7:32 AM EDT
Get Alerts CTL Hot Sheet
Price: $11.00 --0%

Rating Summary:
    5 Buy, 15 Hold, 10 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 13 | New: 72
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MoffettNathanson analyst Nick Del Deo lowered the price target on CenturyLink, Inc. (NYSE: CTL) to $7.00 (from $8.00) while maintaining a Sell rating.

  • the most cyclical name within our communications infrastructure coverage universe
  • results are going to get hit by the pandemic-induced recession, with the depth and length of the
    recession clearly relevant drivers

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