Information Provided By:
Fly News Breaks for October 2, 2018
CTL
Oct 2, 2018 | 07:51 EDT
Jefferies analyst Scott Goldman says a meeting with interim CFO Neel Dev reinforced his view that CenturyLink's playbook is unlikely to change. While significant cost-cutting opportunities still remain, Dev plans to emphasize revenue improving initiatives, Goldman tells investors in a research note. The analyst, who admits the initiatives will likely take time to develop and that investors remain somewhat skeptical, continues to see upside to CenturyLink shares given its EBITDA growth prospects and dividend sustainability. He keeps a Buy rating on the shares with a $23 price target.
News For CTL From the Last 2 Days
There are no results for your query CTL