Windstream (WIN) Upgraded to Buy at BidaskClub

BidaskClub upgraded shares of Windstream (NASDAQ:WIN) from a hold rating to a buy rating in a report published on Saturday.

Other research analysts have also issued research reports about the stock. Canaccord Genuity reiterated a buy rating and set a $3.00 price objective on shares of Windstream in a research note on Friday, November 24th. ValuEngine upgraded shares of Windstream from a strong sell rating to a sell rating in a research report on Friday, September 1st. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and two have given a buy rating to the company’s stock. Windstream has a consensus rating of Hold and a consensus price target of $3.00.

Shares of Windstream (NASDAQ WIN) traded up $0.03 during trading hours on Friday, hitting $2.66. 2,430,000 shares of the company’s stock traded hands, compared to its average volume of 3,625,266. Windstream has a 12 month low of $1.73 and a 12 month high of $8.35. The company has a current ratio of 0.77, a quick ratio of 0.70 and a debt-to-equity ratio of 20.24.

Institutional investors have recently bought and sold shares of the business. California Public Employees Retirement System grew its position in Windstream by 43.5% in the third quarter. California Public Employees Retirement System now owns 1,682,724 shares of the technology company’s stock worth $2,978,000 after buying an additional 509,970 shares during the last quarter. Royce & Associates LP grew its position in Windstream by 22.6% in the third quarter. Royce & Associates LP now owns 2,346,752 shares of the technology company’s stock worth $4,154,000 after buying an additional 433,134 shares during the last quarter. Magnetar Financial LLC grew its position in Windstream by 192.6% in the third quarter. Magnetar Financial LLC now owns 177,379 shares of the technology company’s stock worth $314,000 after buying an additional 116,767 shares during the last quarter. Finally, Cubist Systematic Strategies LLC boosted its stake in Windstream by 287.1% in the 3rd quarter. Cubist Systematic Strategies LLC now owns 115,280 shares of the technology company’s stock worth $204,000 after purchasing an additional 85,500 shares during the period. Hedge funds and other institutional investors own 66.29% of the company’s stock.

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Windstream Company Profile

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.

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