BWS Financial Upgrades Shenandoah Telecommunications (SHEN) to Hold

January 5, 2021 9:15 AM EST
Get Alerts SHEN Hot Sheet
Price: $49.49 --0%

Rating Summary:
    0 Buy, 4 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 18 | Down: 7 | New: 32
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BWS Financial analyst Hamed Khorsand upgraded Shenandoah Telecommunications (NASDAQ: SHEN) from Sell to Hold.

The analyst commented, "Our recommendation generated a return of 23.1% over an eight month period. The deadline to reaching a valuation for its wireless assets makes it prudent to take our gains and move to the sidelines. There is less reward to being short at current levels compared to when we started our short rating."

For an analyst ratings summary and ratings history on Shenandoah Telecommunications click here. For more ratings news on Shenandoah Telecommunications click here.

Shares of Shenandoah Telecommunications closed at $43.46 yesterday.

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