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Fly News Breaks for October 13, 2015
LVLT
Oct 13, 2015 | 06:46 EDT
Goldman added Level 3 to the Conviction Buy List and lowered its price target to $60 from $64. Analyst Brett Feldman said shares have underperformed recently due to concerns about enterprise demand trends, FX volatility, and interest rates. Feldman believes valuation now reflects these risks but not potential from increasing liquidity is it grows free cash flow and deleverages.
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