) after the company reported its 2Q earnings. In the report, JP Morgan writes, "Windstream reported a solid 2Q11, delivering sequential and y/y revenue growth. The company continues to successfully shift away from consumer voice business by increasing exposure to growth areas through organic initiatives as well as strategic acquisitions. 2Q results showcased that its initiatives are bearing fruit, and the company is no longer a typical RLEC facing revenue erosion." Windstream closed Friday at $11.60.