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

Rating:
Outperform
S
down 42.64 %

Sprint Nextel Corporation (S) rated Outperform by Macquarie

Posted on: Tuesday,  Jun 10, 2014  12:00 AM ET by Macquarie

Macquarie rated Outperform Sprint Nextel Corporation (NYSE: S) on 06/10/2014, when the stock price was $8.84. Since
then, Sprint Nextel Corporation has lost 42.65% as of 01/27/2016's recent price of $5.07.
If you would have followed this Macquarie's recommendation on S, you would have lost 42.64% of your investment in 596 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.

Macquarie include comprehensive research analysis of equities, economics, commodities, debt markets, foreign exchange, futures and ESG. We have one of the largest research teams in the Asia-Pacific, as well as teams in Europe, North America and South Africa – all providing powerful local market insight.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/10/2014 12:00 AM Buy
None
8.84
as of 10/17/2014
1 Week up  3.96 %
1 Month down  -9.86 %
3 Months down  -24.62 %
1 YTD down  -31.78 %

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