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Potential Comcast Bid For Level 3 Could Be In $72-$80 Per Share Range
Wednesday, July 13, 2016 - 1:35pm | 283Read More...Level 3 Communications, Inc. (NYSE: LVLT) shares are up 3.6 percent following a potential buyout by Comcast Corporation (NASDAQ: CMCSA). Stephens analyst Barry McCarver says a Comcast bid makes a lot of sense and could provide major upside for Level 3 shares. Up to this point, one of Comcast...
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Stephens Upgrades Level 3 Communications, Sees Growth And M&A As Potential Catalysts
Friday, February 5, 2016 - 11:53am | 319Read More...Level 3 Communications, Inc. (NYSE: LVLT) shares have plunged 7.27 percent year to date, touching a low of $43.80 on January 20. Stephens’ Barry McCarver has upgraded the rating on the company from Equal-Weight to Overweight, while raising the price target from $52 to $63. Following...
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Rackspace's In-Line Q4 And Lanham Napier Departure Frustrates Investors
Monday, February 10, 2014 - 6:02pm | 684Read More...Rackspace (NYSE: RAX) is once again feeling the brunt of frustrated investors, plunging more than 14 percent Tuesday after news of its CEO departure overshadowed the company's inline results. By all accounts, Rackspace has shown improvement over the third quarter. The total server count increased...
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Stephens Initiates Coverage Of Rackspace Hosting (RAX)
Tuesday, February 2, 2010 - 4:43pm | 153Read More...Stephens analyst Barry McCarver initiated coverage of Rackspace Hosting, Inc (NYSE: RAX) today with a rating of Equal-Weight and a price target of $22. McCarver wrote, "while few U.S. companies have yet to guide for significant increases in IT spending in 2010, one piece of the budget that is...
