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CenturyLink Stock Has Jumped ~7.3% Today—Here’s Why

Ambrish Shah
CenturyLink Stock Has Jumped ~7.3% Today—Here’s Why

CenturyLink (CTL) stock was up ~7.3% and was trading at $11.70 as of 2:17 PM ET on June 27 after Wells Fargo upgraded its stock. Wells Fargo upgraded its rating on CTL to an “outperform” from a “market perform” and raised the stock's target price to $14 from $12.