JP Morgan Initiates Coverage On Windstream Holdings to Neutral with Price Target $7

JP Morgan Initiates Coverage On Windstream Holdings(WIN). In a research note issued to the investors, the brokerage major Announces the price-target to $7 per share. The shares have been rated Neutral. The rating by the stock financial advisor at JP Morgan was issued on Mar 15, 2017 in a research report to their Investors and Clients.

In a different note, On Mar 2, 2017, Jefferies said it Upgrades its rating on Windstream Holdings. The shares have been rated ‘Hold’ by the firm.

Windstream Holdings (WIN) made into the market gainers list on Fridays trading session with the shares advancing 0.80% or 0.05 points. Due to strong positive momentum, the stock ended at $6.28, which is also near the day’s high of $6.41. The stock began the session at $6.2 and the volume stood at 76,12,088 shares. The 52-week high of the shares is $10.455 and the 52 week low is $5.86. The company has a current market capitalization of $1,163 M and it has 18,52,33,260 shares in outstanding.

Windstream Holdings(WIN) last announced its earnings results on Mar 1, 2017 for Fiscal Year 2016 and Q4.Company reported revenue of $1.309B. Analysts had an estimated revenue of $1.340B. Earnings per share were $-0.17. Analysts had estimated an EPS of $-0.63.

Several Insider Transactions has been reported to the SEC. On Nov 19, 2015, William Acker Montgomery (director) purchased 32,000 shares at $5.73 per share price.Also, On Aug 17, 2015, Michael G. Stoltz (director) purchased 5,000 shares at $6.71 per share price.On Jul 1, 2015, Alan L Wells (director) purchased 15,000 shares at $6.38 per share price, according to the Form-4 filing with the securities and exchange commission.

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