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Fly News Breaks for August 8, 2019
CTL
Aug 8, 2019 | 07:54 EDT
Raymond James analyst Frank Louthan upgraded CenturyLink to Market Perform from Underperform following roughly in-line results for the second quarter and "steady" guidance. In a research note to investors, Louthan says integration issues at CenturyLink "appear to be behind them," and that while he still sees the top line declines as a continuing issue that restricts value, he feels that with a situation that could see more go right than can go wrong, he believes CenturyLink no longer deserves an Underperform rating.
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