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

Rating:
Outperform
S
down 40.49 %

Sprint Nextel Corporation (S) rated Outperform by Cowen & Co

Posted on: Tuesday,  May 6, 2008  8:25 AM ET by Cowen & Co

Cowen & Co rated Outperform Sprint Nextel Corporation (NYSE: S) on 05/06/2008, when the stock price was $8.52.
Since then, Sprint Nextel Corporation has lost 40.49% as of 01/27/2016's recent price of $5.07.
If you would have followed this Cowen & Co's recommendation on S, you would have lost 40.49% of your investment in 2822 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.

Cowen and Company’s culture is rooted in the traditions of the research boutiques that once dominated the investment research landscape. Our primary focus is on two products: 1. Proprietary information flow, and 2. Good investment ideas We achieve the first objective with a combination of extensive primary research work, organized survey activity, and access to industry experts (i.e., opinion leaders in medicine, technology, and consumer industries). We believe that the best investment idea is a “Correct Non-Consensus Conclusion,” and a considerable amount of our energy is devoted to this pursuit. We spend as little time as possible on traditional maintenance research products.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/6/2008 8:25 AM Buy
None
8.52
as of 12/24/2008
1 Week up  1.70 %
1 Month up  13.27 %
3 Months up  69.91 %
1 YTD down  -50.93 %

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