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Enter Symbol:

Sector Perform
down 24.09 %

CLEARWIRE CORPORATION (CLWR) upgraded to Sector Perform with price target $2.50 by RBC Capital Mkts

Posted on: Thursday,  Nov 8, 2012  12:25 PM ET by RBC Capital Mkts

RBC Capital Mkts rated Sector Perform CLEARWIRE CORPORATION (NASDAQ: CLWR) on 11/08/2012. Previously RBC Capital Mkts rated Underperform CLEARWIRE CORPORATION (NASDAQ: CLWR)
on 08/22/2012., when the stock price was $1.67. Since then, CLEARWIRE CORPORATION has gained 31.74% as of 11/08/2012's recent price of $2.20.
If you would have followed the previous RBC Capital Mkts's recommendation on CLWR, you would have lost 24.09% of your investment in 78 days.

Clearwire Corporation builds and operates wireless broadband networks that enable Internet communications. Its wireless broadband networks cover entire communities and deliver a high-speed Internet connection that not only creates a new communications path into the home or office, but also provides a broadband connection anytime and anywhere within its coverage area. It offers services in both domestic and international markets. The Company?s services consist primarily of providing wireless broadband connectivity, but in some of its domestic markets, it also offers voice-over Internet protocol (VoIP) telephony services. As of December 31, 2008, The Company operated its networks in 51 markets in the United States and Europe covering approximately 18.2 million people, and as of December 31, 2008, it had approximately 475,000 wireless broadband subscribers. The Company?s networks in the United States were deployed in 47 markets and covered an estimated 15.3 million people.

RBC Capital Markets is an international corporate and investment bank that provides innovative solutions and a focused set of products and services to institutions, corporations, governments and high net worth clients around the world. With nearly 3,700 professional and support staff, we operate out of 75 offices in 15 countries and deliver our products and services through operations in Asia and Australasia, the UK and Europe and in every major North American city.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/8/2012 12:25 PM Hold
2.20 2.50
as of 12/31/2012
1 Week   
1 Month   
3 Months down  -64.17 %
1 YTD down  -31.73 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/22/2012 12:25 PM Sell
1.67 1.00
11/5/2010 8:25 AM Hold
6.20 7.00
2/25/2010 12:25 PM Buy
6.50 9.00
1/21/2010 9:25 AM Buy
7.55 10.00
8/12/2009 9:25 AM Hold
6.93 8.00
11/18/2008 9:25 AM Hold
6.68 9.00
7/16/2008 8:25 AM Buy
9.87 17.00

(*) Stock Price at the time of the recommendation.
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