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Jefferies Starts CenturyLink, Inc. (CTL) at Buy

November 17, 2011 7:17 AM EST
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: 14 | Down: 11 | New: 17
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Jefferies initiates coverage on CenturyLink, Inc. (NYSE: CTL) with a Buy. PT $45.00.

The firm comments, "We are positive on CenturyLink, given its ~8% dividend yield, the opportunity to harvest significant synergies and the transformation of the revenue base toward enterprise and away from consumer."

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 $37.25 yesterday.


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