Windstream (WIN) Approves $90M Buyback

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BofA/Merrill Lynch Double Downgrades Windstream (WIN) to Underperform

August 4, 2017 5:39 AM EDT

BofA/Merrill Lynch downgraded Windstream (NASDAQ: WIN) from Buy to Underperform with a price target of $2.50 (from $8.00).

Analyst David Barden is negative on the name following an elimination of the dividend which he believes was the main attraction for nearly all the... More