Market Overview

Collins Stewart: Level 3 Communications' Outlook Remains in Question


In a research report published earlier today by Collins Stewart, Level 3 Communications (NYSE: LVLT) FCF generation prospects all too often in disappointment, and the current one is no different.

According to Collins Stewart, “With the prospects of actual FCF generation for Level 3 looming for the tenth time in as many years, we remain cautious on the shares and remind investors that all too often have disappointments followed the long standing expectation of FCF generation. Since 2003 we have consistently heard compelling arguments of how FCF generation is only a year away but has yet to materialize. Betting on 2013 with such a track record is highly risky in our opinion.”

Collins Stewart maintains its Neutral rating and $25.50 PT on Level 3 Communications, which is currently trading at $24.29.


Related Articles (LVLT)

View Comments and Join the Discussion!

Posted-In: Collins StewartAnalyst Color Reiteration Analyst Ratings

Latest Ratings

IBIOCantor FitzgeraldInitiates Coverage On3.0
UPLDCanaccord GenuityMaintains57.0
EJefferiesInitiates Coverage On
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at