Windstream Shares Lower as UBS Downgrades, Says Dividend Not Sustainable

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Shares of Windstream
WIN
are down nearly 4 percent to just under $8.60 Wednesday afternoon following an early-morning downgrade from an analyst at UBS. The firm now rates shares of Windstream a Sell, down from Neutral previously. The UBS analyst believes management's policy on the dividend is not sustainable. The analyst warned the payout will be approaching 100 percent next year.
Posted In: Analyst ColorDowngradesAnalyst Ratings
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