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Enter Symbol:
 
Sprint Nextel Corporation (S) [hlAlert]

Rating:
Overweight
S
down 28.79 %

Sprint Nextel Corporation (S) upgraded to Overweight by JP Morgan

Posted on: Tuesday,  Apr 16, 2013  8:25 AM ET by JP Morgan

JP Morgan rated Overweight Sprint Nextel Corporation (NYSE: S) on 04/16/2013, when the stock price was $7.12.
Since then, Sprint Nextel Corporation has lost 28.79% as of 01/27/2016's recent price of $5.07.
If you would have followed this JP Morgan's recommendation on S, you would have lost 28.79% of your investment in 1016 days.

Sprint Nextel Corporation (Sprint Nextel) is a holding company that offers a range of wireless and wireline communications products and services for individual consumers, businesses and government customers. The Company conducts its operations through two segments: Wireless and Wireline. Sprint Nextel owns wireless networks and a global long distance, Tier 1 Internet backbone. The Company offers digital wireless service to subscribers in all 50 states, Puerto Rico and the United States Virgin Islands under the Sprint brand name utilizing wireless code division multiple access (CDMA) technology. The Company offers digital wireless services under its Nextel brand name using integrated digital enhanced network (iDEN) technology. On September 23, 2008, the Company closed the transaction with TowerCo Acquisition LLC, under which it sold 3,084 cell sites.In November 2009, the Company completed the acquisition of Virgin Mobile USA, Inc.

JPMorgan is a leading financial services firm with one of the largest client franchises in the world. We partner with our clients to offer the most complete and innovative solutions in the industry to help them achieve their goals. For more than 200 years, we have taken a long-term approach to our clients and to the way we conduct business. Our firm has grown considerably in scale and scope, but our commitment to our core principle of doing "only first-class business... in a first-class way" has never been stronger.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/16/2013 8:25 AM Buy
None
7.12
as of 12/13/2013
1 Week up  6.84 %
1 Month up  19.40 %
3 Months up  25.44 %
1 YTD up  18.39 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/14/2013 8:25 AM Hold
None
5.83

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