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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 --------------------------------------------------------------------------------------------- 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 Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at:

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