Wideopenwest Inc Received its Third Buy in a Row

By Austin Angelo

After UBS and Credit Suisse assigned a Buy rating to Wideopenwest Inc in the last month, the company received another Buy, this time from Macquarie. Analyst Amy Yong reiterated a Buy rating on Wideopenwest Inc (NYSE: WOW) today and set a price target of $20. The company’s shares closed last Friday at $17.59.

According to TipRanks.com, Yong is a 4-star analyst with an average return of 9.2% and a 64.8% success rate. Yong covers the Services sector, focusing on stocks such as Liberty Global PLC LiLAC Class A, Live Nation Entertainment, and Madison Square Garden Co.

Currently, the analyst consensus on Wideopenwest Inc is Strong Buy and the average price target is $20.50, representing a 16.5% upside.

In a report released today, UBS also initiated coverage with a Buy rating on the stock with a $21 price target.

The company has a one year high of $18.83 and a one year low of $16. Currently, Wideopenwest Inc has an average volume of 1.03M.

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WideOpenWest, Inc. is a cable operator, which provides Internet; cable television; voice over IP-based telephony; and business-class services for commercial and residential customers. It offers a full suite of digital video services, including video-on-demand and digital video recording. The company was founded in July 2012 and is headquartered in Englewood, CO.