CenturyLink (CTL -1.6%) is cut to Neutral at Goldman Sachs, after the stock sinks 3.3% vs. the...
CenturyLink (CTL -1.6%) is cut to Neutral at Goldman Sachs, after the stock sinks 3.3% vs. the S&P's 18% rise since it was added to the firm's buy list in Sept. 2010. Goldman says that decision was based on the safety of CTL's dividend, but despite the current attractive 7.7% yield, it's now more cautious on the telecom company and sees "persisting challenges."
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