Level 3 Communications (LVLT) Tops Q4 EPS by 5c

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Level 3 Communications (LVLT) PT Lifted to $60 at Jefferies Post Q4

February 5, 2015 9:07 AM EST

Jefferies analyst Scott Goldman reiterated a Buy rating and boosted his price target on Level 3 Communications (NYSE: LVLT) to $60.00 (from $56.00) on solid Q4 results.

Goldman commented, "The lead-up to LVLT's 4Q earnings was filled with uncertainty about the guidance. In our view, LVLT delivered reasonable revenue... More