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Fly News Breaks for December 3, 2018
CTL
Dec 3, 2018 | 06:50 EDT
JPMorgan analyst Philip Cusick removed CenturyLink from his firm's U.S. Analyst Focus List as his "income strategy pick." The analyst, however, continues to view the stock as attractive for income-oriented investors, yielding 11.5% "with limited risk to the dividend given synergy and cost-cutting opportunity." He keeps an Overweight rating on CenturyLink with a $27 price target.
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