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LVLT

Level 3

$45.82

0.11 (0.24%)

08:01
10/10/16
10/10
08:01
10/10/16
08:01

Level 3 names Andrew Dugan as Chief Technology Officer, effective immediately

Names Atilla Tinic as Chief Information Officer, effective immediately. Dugan has been with Level 3 since 1998 and has served as interim lead for the Global Technology and IT Organization since June 2016. Tinic joined Level 3 in 2014 as part of the tw telecom acquisition and had been with the company since 2004. His former role was Senior Vice President of IT.

LVLT Level 3
$45.82

0.11 (0.24%)

08/08/16
BTIG
08/08/16
INITIATION
Target $63
BTIG
Buy
Level 3 initiated with a Buy at BTIG
BTIG analyst Walt Piecyk initiated Level 3 with a Buy and $63 price target primarily on valuation and said cash flow yield has risen to 6.7% on 2017 cash flow estimates following the Q2 miss.
08/08/16
08/08/16
INITIATION

On The Fly: Top analyst initiations
Catch up on today's top analyst initiations with this list compiled by The Fly: 1. Oracle (ORCL) and Tableau (DATA) initiated with a Buy at Rosenblatt. 2. Baker Hughes (BHI) and Halliburton (HAL) initiated with an Underweight at Atlantic Equities. 3. Emerson (EMR) reinstated with a Neutral at JPMorgan. 4. Level 3 (LVLT) initiated with a Buy at BTIG. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
08/24/16
MOFT
08/24/16
UPGRADE
MOFT
Buy
Level 3 upgraded to Buy from Neutral at MoffettNathanson
08/24/16
08/24/16
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Level 3 (LVLT) upgraded to Buy from Neutral at MoffettNathanson. 2. Hormel Foods (HRL) upgraded to Buy from Hold at Edward Jones. 3. Laredo Petroleum (LPI) upgraded to Overweight from Equalweight at Capital One with the firm saying it expects continued stock outperformance given the most recent Midland Basin hzl well results. 4. NetApp (NTAP) upgraded to Neutral from Sell at Goldman with analyst Simona Jankowski citing balanced risk/reward. 5. PDC Energy (PDCE) upgraded to Overweight at Stephens with analyst Ben Wyatt citing the company's agreement to acquire two privately held companies in a "transformative" deal that includes approximately 57,000 net acres in Texas. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

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