Windstream Completes Tax-Free Spinoff of CS&L

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Nomura Securities Upgrades Windstream (WIN) to Buy

April 28, 2015 7:19 AM EDT

Nomura Securities upgraded Windstream (NASDAQ: WIN) from Neutral to Buy with a price target of $15.00 (from $10.50), saying the post-spin value is too attractive to ignore.

Analyst Adam Ilkowitz commented, "After spinning out its network assets, we cant help but find value left... More