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Fly News Breaks for June 25, 2015
CTL
Jun 25, 2015 | 06:33 EDT
JPMorgan downgraded CenturyLink to Neutral citing a lack of share catalysts following the company's analyst day. The firm notes CenturyLink's longer term margin guidance of mid-30% was below its forecast and that management took ta potential REIT transaction off the table. It cut its price target for shares to $35 from $42.
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