Goldman Sachs Downgrades CenturyLink, Inc. (CTL) to Neutral
Tweet
Share
E-mail
Get Alerts CTL Hot Sheet
Price: $11.00 --0%
Rating Summary:
5 Buy, 14 Hold, 10 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 17 | Down: 23 | New: 12
Rating Summary:
5 Buy, 14 Hold, 10 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 17 | Down: 23 | New: 12
Join SI Premium – FREE
Goldman Sachs downgraded CenturyLink, Inc. (NYSE: CTL) from Buy to Neutral with a price target of $38 (down from $44).
Despite a 7.7% dividend yield, the firm is now more cautious and see persisting challenges, while the company must also navigate negative sentiment stemming from Frontier Communications (NYSE: FTR) dividend risk.
For an analyst ratings summary and ratings history on CenturyLink, Inc. click here. For more ratings news on CenturyLink, Inc. click here.
Shares of CenturyLink, Inc. closed at $37.51 yesterday.
Despite a 7.7% dividend yield, the firm is now more cautious and see persisting challenges, while the company must also navigate negative sentiment stemming from Frontier Communications (NYSE: FTR) dividend risk.
For an analyst ratings summary and ratings history on CenturyLink, Inc. click here. For more ratings news on CenturyLink, Inc. click here.
Shares of CenturyLink, Inc. closed at $37.51 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- On Holding AG (ONON)PT Lowered to $42 at Goldman Sachs
- Phillips 66, Kinder Morgan and HF Sinclair approve $5B pipeline project
- ICICI Securities Downgrades Siemens Ltd. (SIEM:IN) to Hold (3)
Create E-mail Alert Related Categories
DowngradesRelated Entities
Goldman Sachs, DividendSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
