EarthLink Holdings (ELNK) Receives Price Target

EarthLink Holdings (ELNK) : 5 Wall Street analysts covering EarthLink Holdings (ELNK) believe that the average level the stock could reach for the short term is $10.3. The maximum price target given is $17 and the minimum target for short term is around $7, hence the standard deviation is calculated at $4.02.

EarthLink Holdings (ELNK) : Zacks Investment Research ranks EarthLink Holdings (ELNK) as 3, which is a Hold recommendation. 4 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 1 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 5 research analysts is 1.4, which indicates as a Strong Buy.


Also, Equity Analysts at the Brokerage Firm, Mitsubishi UFJ, downgrades their rating on the shares of EarthLink Holdings (NASDAQ:ELNK). Mitsubishi UFJ has a Underweight rating on the shares. Previously, the analysts had a Neutral rating on the shares. The rating by the firm was issued on June 10, 2016.

EarthLink Holdings (NASDAQ:ELNK): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $6.40 and $6.28 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $6.50. The buying momentum continued till the end and the stock did not give up its gains. It closed at $6.39, notching a gain of 0.31% for the day. The total traded volume was 630,055 . The stock had closed at $6.37 on the previous day.

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