Level 3 Communications, Inc. (LVLT) Tops Q1 EPS by 19c
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Level 3 Communications (LVLT) Target, Estimates Lifted at Jefferies on Strong Q1
May 1, 2014 1:06 PM EDTJefferies analyst Mike McCormack boosted estimates and his price target on Buy-rated Level 3 Communications (NYSE: LVLT) from $40 to $50 following strong Q1 results on Wednesday.
McCormack commented, "LVLT reported better-than-expected 1Q results, consisting of accelerating CNS revenue growth, margin expansion, and better FCF... More
