In a report released yesterday, Gregory Williams from Cowen & Co. reiterated a Buy rating on Windstream (NASDAQ: WIN), with a price target of $8. The company’s shares closed yesterday at $4.88.
According to TipRanks.com, Williams is ranked #4646 out of 4850 analysts.
Currently, the analyst consensus on Windstream is a Moderate Buy with an average price target of $6.88.
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Based on Windstream’s latest earnings release for the quarter ending June 30, the company reported a quarterly GAAP net loss of $93.7 million. In comparison, last year the company had a GAAP net loss of $68.8 million.
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Windstream Holdings, Inc. engages in the provision of communications and technology solutions. It operates through the following segments: Consumer and Small Business, Enterprise, Wholesale, and Consumer-Competitive Local Exchange Carrier (CLEC).
