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

Rating:
Outperform
S
up 58.43 %

Sprint Nextel Corporation (S) upgraded to Outperform with price target $6 by FBR Capital

Posted on: Thursday,  Aug 6, 2015  8:25 AM ET by FBR Capital

FBR Capital rated Outperform Sprint Nextel Corporation (NYSE: S) on 08/06/2015, when the stock price was $3.20.
Since then, Sprint Nextel Corporation has gained 58.44% as of 01/27/2016's recent price of $5.07.
If you would have followed this FBR Capital's recommendation on S, you would have gained 58.43% of your investment in 174 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.

FBR Capital uses a highly disciplined analysis focused on intrinsic value, which we developed to critically examine the capital structure of the companies we cover, as well as their competitive positions and the growth opportunities within their industries. We apply this discipline – which helps us assess how effectively a company’s managers deploy the capital entrusted to them – not only in our published research but also when making investing and underwriting judgments.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/6/2015 8:25 AM Buy
None
3.20 6.00
as of 8/27/2015
1 Week up  8.10 %
1 Month up  58.43 %
3 Months up  58.43 %
1 YTD up  58.43 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/31/2013 8:25 AM Hold
None
6.12

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