D.A. Davidson Continues Earthlink Buy, $14 PT
D.A. Davidson continued its Earthlink (NASDAQ: ELNK) Buy rating and $14 price target in a research report published today.
In the report, D.A. Davidson states, " Despite the reset of guidance today, ELNK is making progress on its transformation, yet it continues to trade like a dying consumer ISP. We think the stock could move up to the low teens as the company continues to execute."
Shares of Earthlink were trading at $7.51 at the time of posting, down 7.02% from Wednesday's market close.
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