Goldman Sachs Cuts Windstream Price Target To $7.50


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


In a report published Monday, Goldman Sachs analysts maintained their Sell rating on Windstream Holdings, Inc. (NASDAQ: WIN). The price target was lowered from $7.75 to $7.50. According to the analysts, the change in the price target follows Goldman Sach's decision to price in Windstream Holdings' 19.6 percent stake in Communications Sales & Leasing, Inc. (NASDAQ: CSAL).The price target was established on the basis of a "50/50 blend of two methods: dividend yield (7.5 percent) and 2016E EV/EBITDA (4.3x). The target multiples are based on peer/historical trading levels," the analysts explained.Key upside risks to the stock, according to Goldman Sachs, include "accelerated uptake of WIN's broadband bundles, outperformance by WIN in the enterprise channel, a swift recovery in the economy, and potential future industry M&A activity."

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


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Posted In: Analyst ColorPrice TargetAnalyst RatingsGoldman Sachs