UPDATE: Piper Jaffray Downgrades Windstream Corporation to Underweight, Lowers PT
Posted on November 28, 2012 at 10:30 AM EST
In a report published Wednesday, Piper Jaffray & Co. downgraded its rating on Windstream Corporation (NASDAQ: WIN ) from Neutral to Underweight, and lowered its price target from $8.00 to $6.50. Piper Jaffray noted, “We are downgrading Windstream to Underweight as we believe there is limited upside to owning the