Analyst Rating Update on EarthLink Holdings (ELNK)

EarthLink Holdings (NASDAQ:ELNK) : 6 analysts are covering EarthLink Holdings (NASDAQ:ELNK) and their average rating on the stock is 1.33, which is read as a Strong Buy. 5 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 1 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

EarthLink Holdings (NASDAQ:ELNK) : The highest short term price target forecast on EarthLink Holdings (NASDAQ:ELNK) is $17 and the lowest target price is $7. A total of 6 equity analysts are currently covering the company. The average price of all the analysts is $10.25 with a standard deviation of $3.6.

For the current week, the company shares have a recommendation consensus of Buy.

EarthLink Holdings (NASDAQ:ELNK): stock turned positive on Tuesday. Though the stock opened at $5.9, the bulls momentum made the stock top out at $6.03 level for the day. The stock recorded a low of $5.82 and closed the trading day at $5.92, in the green by 0.59%. The total traded volume for the day was 741,595. The stock had closed at $5.885 in the previous days trading.

In an insider trading activity, The Securities and Exchange Commission has divulged that Thurston R Michael, officer (Principal Accounting Officer) of Earthlink Holdings Corp., had unloaded 15,234 shares at an average price of $6.51 in a transaction dated on May 27, 2016. The total value of the transaction was worth $99,173.

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