UPDATE: Morgan Stanley Reiterates on CenturyLink on 4Q13 Preview

In a report published Tuesday, Morgan Stanley analyst Simon Flannery reiterated an Overweight rating on CenturyLink (NYSE: CTL ), but lowered the price target from $40.00 to $37.00. In the report, Morgan Stanley noted, “After the recent sell-off, investors will be watching 2014 guidance closely. Color on data hosting, which