Stanford Starts Level 3 (LVLT) at Sell
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Price: $53.63 --0%
Rating Summary:
14 Buy, 12 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
Rating Summary:
14 Buy, 12 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
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Stanford Group initiates coverage on Level 3 Communications (Nasdaq: LVLT) with a Sell rating.
Shares of Level 3 are down more than 25% since the beginning of December, when the stock was trading around $0.94. Over the same time period, the S&P 500 has been up nearly 2%, meaning that Level 3 has greatly underperformed the market during December.
Today, Level 3's stock is down about 1.3% to $0.701.
Level 3 Communications, Inc. engages in the communications business in North America and Europe.
Shares of Level 3 are down more than 25% since the beginning of December, when the stock was trading around $0.94. Over the same time period, the S&P 500 has been up nearly 2%, meaning that Level 3 has greatly underperformed the market during December.
Today, Level 3's stock is down about 1.3% to $0.701.
Level 3 Communications, Inc. engages in the communications business in North America and Europe.
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