Price Target Update on Windstream Holdings (NASDAQ:WIN)

Windstream Holdings (NASDAQ:WIN) has been rated by 7 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $16 and the lowest price target forecast is $4. The average forecast of all the analysts is $7.93 and the expected standard deviation is $3.92.

Other Equity analysts have also commented on the company shares. Equity analysts at the Brokerage firm Raymond James downgrades its rating on Windstream Holdings (NASDAQ:WIN). The rating major has initiated the coverage with market perform rating on the shares. Earlier, the shares were rated a Outperform by the brokerage firm. The rating by the firm was issued on March 1, 2016.

Windstream Holdings (NASDAQ:WIN): stock turned positive on Thursday. Though the stock opened at $9.13, the bulls momentum made the stock top out at $9.35 level for the day. The stock recorded a low of $9.11 and closed the trading day at $9.33, in the green by 2.87%. The total traded volume for the day was 1,913,147. The stock had closed at $9.07 in the previous days trading.

The company shares have rallied 29.39% from its 1 Year high price. On Jun 22, 2016, the shares registered one year high at $9.50 and the one year low was seen on Jul 27, 2015. The 50-Day Moving Average price is $8.55 and the 200 Day Moving Average price is recorded at $7.33. On the companys insider trading activities, Montgomery William Acker, director of Windstream Holdings, Inc., executed a transaction worth $183,360 on November 18, 2015. A total of 32,000 shares were purchased at an average price of $5.73. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.

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