Citigroup Upgrades Level 3 Communications To Buy

Analysts at Citigroup upgraded Level 3 Communications LVLT from Hold to Buy. The price target for Level 3 Communications has been raised from $44.00 to $55.00. Level 3 Communications shares have gained 52.57% over the past 52 weeks, while the S&P 500 index has surged 14.46% in the same period. Level 3 Communications' shares rose 0.92% to $47.10 in pre-market trading.