BlueDimeInvestment

CenturyLink - PT $26 Next year $36 - Strong buy

Long
NYSE:CTL   None
We think that CenturyLink is undervalued.

CenturyLink (NYSE:CTL): Q2 Non-GAAP EPS of $0.42 beats by $0.10; GAAP EPS of $0.35 beats by $0.07.
Revenue of $5.19B (-3.5% Y/Y) beats by $50M.
Q2 adjusted EBITDA of $2.1B vs. a consensus of $2.18B.

CenturyLink Reports Second Quarter 2020 Results
seekingalpha.com/pr/...quarter-2020-results

The Revenue was actually pretty good, when you compare it to other companies where the revenue dropped more than 60%.

First price target: $26
Second price target: $36
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