JPMorgan Chase & Co. Lowers Windstream (WIN) to Underweight
JPMorgan Chase & Co. cut shares of Windstream (NASDAQ:WIN) from a neutral rating to an underweight rating in a research note issued to investors on Tuesday, MarketBeat.com reports.
WIN has been the subject of several other reports. BidaskClub upgraded shares of Windstream from a hold rating to a buy rating in a research report on Saturday, December 2nd. Canaccord Genuity restated a buy rating and set a $3.00 price target on shares of Windstream in a research report on Monday, December 4th. Barclays initiated coverage on shares of Windstream in a research report on Friday, December 15th. They set an underweight rating and a $1.50 price target for the company. Finally, ValuEngine lowered shares of Windstream from a sell rating to a strong sell rating in a research report on Monday, October 2nd. Five analysts have rated the stock with a sell rating, one has assigned a hold rating and one has given a buy rating to the company’s stock. The stock has an average rating of Sell and a consensus price target of $2.25.
Shares of Windstream (NASDAQ:WIN) traded up $0.04 during trading hours on Tuesday, reaching $1.91. 3,660,800 shares of the company traded hands, compared to its average volume of 3,159,967. Windstream has a one year low of $1.71 and a one year high of $8.35. The stock has a market capitalization of $349.35, a price-to-earnings ratio of -0.73 and a beta of -0.12. The company has a debt-to-equity ratio of 20.24, a current ratio of 0.77 and a quick ratio of 0.70.
COPYRIGHT VIOLATION WARNING: “JPMorgan Chase & Co. Lowers Windstream (WIN) to Underweight” was originally posted by Daily Political and is the property of of Daily Political. If you are reading this report on another site, it was illegally stolen and republished in violation of United States & international copyright and trademark legislation. The original version of this report can be viewed at https://www.dailypolitical.com/2018/01/05/jpmorgan-chase-co-lowers-windstream-win-to-underweight.html.
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 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Windstream and related companies with MarketBeat.com's FREE daily email newsletter.