TMCNet:  Downgrade Alert for Windstream (WIN)

[November 28, 2012]

Downgrade Alert for Windstream (WIN)

Nov 28, 2012 (SmarTrend(R) Upgrades/Downgrades via COMTEX) -- Windstream (NASDAQ:WIN) was downgraded from Neutral to Underweight at Piper Jaffray today. The stock closed yesterday at $8.31 on volume of 5.1 million shares, below average daily volume of 7.6 million. Over the past year, Windstream has traded in a range of $7.86 to $13.57 and closed yesterday at $8.31, 6% above that low. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.4% while the 200-day MA has slid 0.6%.


Windstream has overhead space with shares priced $8.31, or 20.4% below the average consensus analyst price target of $10.44. The stock should find initial resistance at its 50-day moving average (MA) of $9.63 and further resistance at its 200-day MA of $10.33.

Windstream Corporation offers telecommunications services to residential and business customers in rural communities in the United States. The Company provides local telephone, high-speed Internet, long distance, network access, and video services in multiple states.

SmarTrend recommended that its subscribers protect gains by selling shares of Windstream on October 23rd, 2012 by issuing a Downtrend alert when the shares were trading at $9.67. Since that call, shares of Windstream have fallen 14.1%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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