Windstream (WIN) Raised to Buy at BidaskClub

Windstream (NASDAQ:WIN) was upgraded by equities research analysts at BidaskClub from a “hold” rating to a “buy” rating in a note issued to investors on Saturday.

WIN has been the topic of several other reports. ValuEngine raised Windstream from a “strong sell” rating to a “sell” rating in a research note on Friday, September 1st. Canaccord Genuity reaffirmed a “buy” rating and issued a $3.00 price target on shares of Windstream in a research note on Friday, November 24th. Two research analysts have rated the stock with a sell rating, one has given a hold rating and two have issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $3.00.

Shares of Windstream (WIN) traded up $0.03 during trading on Friday, hitting $2.66. The company had a trading volume of 2,430,000 shares, compared to its average volume of 3,625,266. Windstream has a one year low of $1.73 and a one year high of $8.35. The company has a quick ratio of 0.70, a current ratio of 0.77 and a debt-to-equity ratio of 20.24.

Hedge funds have recently modified their holdings of the stock. Isthmus Partners LLC purchased a new stake in shares of Windstream in the fourth quarter worth $1,456,000. Palo Capital purchased a new stake in shares of Windstream in the third quarter worth $91,000. California Public Employees Retirement System grew its stake in shares of Windstream by 22.2% in the fourth quarter. California Public Employees Retirement System now owns 623,885 shares of the technology company’s stock worth $4,018,000 after acquiring an additional 113,300 shares during the last quarter. Personal Capital Advisors Corp grew its stake in shares of Windstream by 26.0% in the fourth quarter. Personal Capital Advisors Corp now owns 1,060,281 shares of the technology company’s stock worth $6,828,000 after acquiring an additional 218,909 shares during the last quarter. Finally, Strs Ohio purchased a new stake in shares of Windstream in the fourth quarter worth $5,151,000. 66.29% of the stock is currently owned by institutional investors.

COPYRIGHT VIOLATION WARNING: “Windstream (WIN) Raised to Buy at BidaskClub” was originally published by American Banking News and is the property of of American Banking News. If you are viewing this piece on another publication, it was stolen and republished in violation of international copyright and trademark law. The original version of this piece can be viewed at https://www.americanbankingnews.com/2017/12/02/windstream-win-raised-to-buy-at-bidaskclub.html.

About Windstream

Windstream Corporation (Windstream) is a provider of advanced communications and technology solutions, including managed services and cloud computing, to businesses nationwide. In addition to business services, the Company offers broadband, voice and video services to consumers in primarily rural markets.

Receive News & Ratings for Windstream Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Windstream Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply