Level 3 and Google Reach Settlement-Free Interconnection Agreement
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Jefferies Continues to Recommend Level 3 Communications (LVLT) Following Update - Reiterates Buy
January 19, 2016 10:04 AM UTCJefferies reiterated a Buy rating and $67.00 price target on Level 3 Communications (NYSE: LVLT). Jefferies updated estimates, reducing 4Q to better reflect non-recurring benefits reported in 3Q. They also trimmed 2016 estimates, predominantly due to F/X.
Analyst Scott Goldman commented, "We update estimates, moderately... More
