CenturyLink (CTL) Tops Q4 EPS by 5c, Offers FY Guidance, to Cut Dividend

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JPMorgan Downgrades CenturyLink, Inc. (CTL) to Neutral

February 14, 2019 3:13 AM EST

JPMorgan analyst Philip Cusick downgraded CenturyLink, Inc. (NYSE: CTL) from Overweight to Neutral with a price target of $14.00 (from $27.00).

The analyst steps aside primarily due to the dividend cut as it creates questions regarding LT trends for the business.

For an analyst... More