JP Morgan Downgrades Centurylink To Neutral

Analysts at JP Morgan downgraded Centurylink Inc CTL from Overweight to Neutral. The price target for Centurylink has been lowered from $42.00 to $35.00. Centurylink shares have dropped 11.84 percent over the past 52 weeks, while the S&P 500 index has surged 7.73 percent in the same period. Centurylink shares fell 2.06 percent to close at $31.88 yesterday.