Brokerage Firm Rating Update on EarthLink Holdings (ELNK)

EarthLink Holdings (ELNK) : The consensus on EarthLink Holdings (ELNK) based on 5 analyst recommendation on the company stock is 1.4, which is interpreted as a Strong Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 4 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

EarthLink Holdings (ELNK) : Currently there are 5 street experts covering EarthLink Holdings (ELNK) stock. The most bullish and bearish price target for the stock is $17 and $7 respectively for the short term. The average price target of all the analysts comes to $10.3. The estimated standard deviation from the target is $4.02.


For the current week, the company shares have a recommendation consensus of Buy. Also, In the latest statement by the brokerage house, Mitsubishi UFJ downgrades its outlook on EarthLink Holdings (NASDAQ:ELNK). The current rating of the shares is Underweight, according to the research report released by the firm. Previously, the company had a rating of Neutral. The rating by the firm was issued on June 10, 2016.

EarthLink Holdings (NASDAQ:ELNK): The stock opened at $6.51 and touched an intraday high of $6.7 on Wednesday. During the day, the stock corrected to an intraday low of $6.49, however, the bulls stepped in and pushed the price higher to close in the green at $6.7 with a gain of 3.24% for the day. The total traded volume for the day was 633,424. The stock had closed at $6.49 in the previous trading session.

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