Market Overview

UPDATE: Hudson Square Research Raises CenturyLink's PT

Related CTL
Worst Performing Industries For November 7, 2014
Worst Performing Industries For November 6, 2014
Former Qwest CEO Tells Story of Fight Against NSA, SEC (Fox Business)

According to a research report published this morning, Hudson Square Research has increased CenturyLink's (NYSE: CTL) PT from $43 to $45.

In the report, Hudson Square Research said, "CenturyLink reported solid 1Q results that beat our estimates across the board, and raised its 2012 profitability guidance. Customer metrics – both access lines lost and broadband subscribers added – were much better than expected. Total revenue was just slightly above our estimate, EBITDA beat by 3%, and Adjusted EPS of $0.68 beat our estimate by $0.10. We are updating our model, and our DCF-based price target increases from $43 to $45."

CenturyLink is currently trading at $39.20.

Latest Ratings for CTL

DateFirmActionFromTo
Nov 2014DA DavidsonMaintainsUnderperform
Nov 2014JefferiesMaintainsUnderperform
Nov 2014JP MorganMaintainsOverweight

View More Analyst Ratings for CTL
View the Latest Analyst Ratings

Posted-In: Hudson Square ResearchAnalyst Color Price Target Analyst Ratings

 

Related Articles (CTL)

Around the Web, We're Loving...

Get Benzinga's Newsletters