80% Of Vetr Top Raters Don't Like Windstream Holdings

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Windstream Holdings, Inc. WIN has managed to widely outferform major U.S. stock indexes over 2016. Since the beginning of the year, the stock has gained more than 18.7 percent, much more than the Dow Jones Industrial Index, which posted a 1.7 percent surge so far, and the Nasdaq 100 Index, which is down 2.7 percent year-to-date.

Related link: Here's How Crowdsourced Ratings Can Beat The Market

However, with the stock trading at such an elevated valuation, top raters at the Vetr community do not see much upside left. In fact, the crowd has fixed a $6.67 price target, which implies a downside of 12 percent from current valuations.

With 80 percent of the crowd's ratings being bearish, the community decided to downgrade the stock’s rating from 2.0 Stars to 1.5 Stars – out of a possible 5.0 Stars.

 

Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.

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Posted In: DowngradesPrice TargetCrowdsourcingAnalyst RatingsGeneralVetr
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