Windstream (NASDAQ:WIN) Receives a Higher Rating From Raymond James. What’s The Reasoning Behind This Move?


Windstream (NASDAQ:WIN) Stock Upgrade

The rating for shares of Windstream (NASDAQ:WIN) were lifted by stock research analysts at Raymond James from a “Mkt Perform” rating to a “Outperform” rating in an analyst research report revealed on 1 December.

From a total of 8 analysts covering Windstream Holdings (NASDAQ:WIN) stock, 1 rate it a ”Buy”, 3 a “Sell”, and 8 a ”Hold”. This means that 8% of the ratings are positive. The highest target price is $16 while the lowest target price is $4. The mean of all analyst targets is $7.19 with a -17.97% below today’s ($6.4) stock price. Windstream Holdings was the topic of 3 analyst reports since August 4, 2015 according to the firm StockzIntelligence Inc. Zacks downgraded shares on August 4 to “Hold” rating.

Approximately 660,886 shares of stock traded hands. Windstream Holdings, Inc. (NASDAQ:WIN) has declined 47.69% since April 28, 2015 and is downtrending. It has underperformed by 46.07% the S&P500.

According to Zacks Investment Research, “Windstream Holdings, Inc. offers advanced network communications, including cloud computing and managed services, to businesses. The company also offers broadband, phone and digital TV services to consumers primarily in rural areas. Windstream Holdings, Inc., formerly known as Windstream Corporation, is based in Little Rock, Arkansas.” Get a free copy of the Zacks research report on Windstream Holdings, Inc. (WIN)