CenturyLink nears deal to merge with Level 3 -sources

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Raymond James Downgrades CenturyLink, Inc. (CTL) to Market Perform

October 28, 2016 7:58 AM EDT

Raymond James downgraded CenturyLink, Inc. (NYSE: CTL) from Outperform to Market Perform and removed its price target (prior $32.00).

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 $31.00 yesterday.

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UPDATE: Oppenheimer Upgrades Level 3 Communications (LVLT) to Outperform

October 28, 2016 7:20 AM EDT

(Updated - October 28, 2016 9:40 AM EDT)

Oppenheimer upgraded Level 3 Communications (NYSE: LVLT) from Perform to Outperform with a price target of $60. Analyst Timothy Horan thinks a deal with CenturyLink (NYSE: CTL) would be attractive.

"LVLT... More