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Goldman Sachs Initiates Level 3 Communications With Buy

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Courtesy of Benzinga.

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Goldman Sachs initiated coverage on Level 3 Communications, Inc. (NYSE: LVLT) with a Buy rating.

The target price for Level 3 Communications is set to $67.

Level 3 Communications shares have gained 28.85 percent over the past 52 weeks, while the S&P 500 index has surged 10.60 percent in the same period.

Level 3 Communications’ shares climbed 2.14 percent to close at $55.92 yesterday.

Latest Ratings for LVLT

Date Firm Action From To
May 2015 Goldman Sachs Initiates Coverage on Buy
Apr 2015 Jefferies Maintains Buy
Jan 2015 Wells Fargo Upgrades Market Perform Outperform

View More Analyst Ratings for LVLT
View the Latest Analyst Ratings

Posted-In: Goldman SachsInitiation Analyst Ratings

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