, Tracking Stock Market Picks
Enter Symbol:
Sprint Nextel Corporation (S) [hlAlert]

up 87.08 %

Sprint Nextel Corporation (S) rated Outperform with price target $6 by Friedman Billings

Posted on: Friday,  Feb 20, 2009  8:25 AM ET by Friedman Billings

Friedman Billings rated Outperform Sprint Nextel Corporation (NYSE: S) on 02/20/2009. Previously Friedman Billings rated Outperform Sprint Nextel Corporation (NYSE: S)
on 02/18/2009., when the stock price was $2.71. Since then, Sprint Nextel Corporation has gained 87.08% as of 01/27/2016's recent price of $5.07.
If you would have followed the previous Friedman Billings's recommendation on S, you would have gained 87.08% of your investment in 2534 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 Markets is a full service investment banking, institutional sales, trading and research and asset management firm with a customer-focused and innovative approach to meeting its clients needs. It focuses its banking, advisory, trading and research efforts on seven broad industry sectors including consumer, diversified industrials, energy & natural resources, financial institutions, insurance, real estate and technology, media & telecom. With our headquarters in the Washington, D.C. metropolitan area, our Economic and Washington Policy Analysis groups offer clients a comprehensive overview of national economic trends along with a unique perspective on the impact that legislation and regulation will have on industry sectors and individual companies
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/20/2009 8:25 AM Buy
3.08 6.00
as of 12/31/2009
1 Week up  15.54 %
1 Month up  16.17 %
3 Months up  9.11 %
1 YTD up  39.93 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/18/2009 8:25 AM Buy
2.71 4.00
12/10/2008 8:25 AM Hold
2.58 4.00

(*) Stock Price at the time of the recommendation.
RSS Feed | |  Facebook |  Twitter |  Google Plus
Home | Terms of Use | Advertise | FAQ | Support Page | Contact Us | About Us | Privacy Policy