Level 3 Communications, Cogent Rated Outperform

By | September 22, 2015

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Telecom network operator Level 3 Communications ‘ (LVLT) profit margin outlook has improved while demand for Cogent Communications’ network services could re-accelerate, says RBC Capital, which initiated coverage on both companies with outperform ratings. RBC Capital started coverage of phone companies CenturyLink (CTL) and Frontier Communications (FTR) with hold ratings. RBC Capital separately downgraded DuPont Fabros Technology (DFT), which Scalper1 News

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