CenturyLink

Citi is out with its report today on CenturyLink (NYSE: CTL), reiterating Buy. In a note to clients, Citi writes, "We have published our initial pro forma forecasts for CenturyLink's pending acquisition of Qwest, which is expected to close on 4/1. We remain a buyer of the pro forma CTL with an...

Stifel Nicolaus is out with its report today on CenturyLink (NYSE: CTL), upgrading CTL from Hold to Buy. In a note to clients, Stifel Nicolaus writes, "We are upgrading our rating on the shares of CenturyLink to Buy from Hold, with a $44 target price. Our upgrade is largely premised on valuation,...

According to Oppenheimer, CenturyLink is lowering the company's pro-forma CTL-Q and legacy CTL estimates (NYSE: CTL). Oppenheimer reported that CenturyLink have reduced their synergy estimates for 2011. “In our view, management has assumed a traditionally conservative stance in providing initial...

Following 3Q10 results, Goldman Sachs has updated its 2010/2011 CenturyLink, Inc. (NYSE: CTL) revenue estimates to $7.03 bn/$6.72 bn (flat/-0.2%), “while our adjusted EBITDA estimates are $3.62 bn/$3.50 bn/$3.39 bn (-0.4%/-0.4%/-0.4%).” Goldman Sachs said that its 12-month price target goes to $44...

CenturyLink, Inc. (NYSE: CTL) released its 3Q10 results before the market open, Piper Jaffray reports. The company reported better financials than expected, although operating metrics were slightly below forecast. “The company also raised and narrowed its outlook for full-year 2010 revenues and EPS...

JP Morgan had previewed 2Q results for the U.S. Telecom and Cable Services sector, and has assessed each one as follows listed with upside/downside risks and price target: American Tower (NYSE: AMT) Overweight Credit environment could delay share repurchase, delays in carrier builds, wireless...