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Some shareholders cheer as Corvex's Keith Meister pushes to remake CenturyLink in Level 3's image. A brutal proxy contest could lie ahead if CenturyLink's cozy board doesn't comply.
Here are Monday's top research calls, including upgrades for Cisco Systems and Johnson & Johnson, and downgrades for J.C. Penney and Tesla.
Everything that happened at Sohn 2017.
Meister, an activist investor who previously worked for billionaire Carl Icahn, tells the 2017 Sohn conference that Level 3's CEO needs an executive role at the combined company.