TMCNet:  Downgrade Alert for CenturyTel (CTL)

[February 05, 2013]

Downgrade Alert for CenturyTel (CTL)

Feb 05, 2013 (SmarTrend(R) Upgrades/Downgrades via COMTEX) -- CenturyTel (NYSE:CTL) was downgraded from Outperform to Neutral at Macquarie today. The stock closed yesterday at $40.92 on volume of 3.2 million shares, below average daily volume of 4.3 million. In the past 52 weeks, shares of CenturyTel have traded between a low of $36.52 and a high of $43.43 and closed yesterday at $40.91, which is 12% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.5%.


CenturyTel, Inc. is an integrated communications company. The Company provides a wide range of communications services, including local and long distance voice, Internet access and broadband services. CenturyTel operates throughout the United States.

Potential upside of 9.9% exists for CenturyTel, based on a current level of $40.91 and analysts' average consensus price target of $44.94. The stock should find initial support at its 200-day moving average (MA) of $39.74 and further support at its 50-day MA of $39.49.

SmarTrend is tracking the current trend status for CenturyTel and will alert subscribers who have CTL in their portfolio or watchlist when shares have changed trend direction.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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