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Enter Symbol:

down 11.21 %

CLEARWIRE CORPORATION (CLWR) upgraded to Buy with price target $8 by Soleil

Posted on: Friday,  Dec 11, 2009  8:25 AM ET by Soleil

Soleil rated Buy CLEARWIRE CORPORATION (NASDAQ: CLWR) on 12/11/2009. Previously Soleil rated Sell CLEARWIRE CORPORATION (NASDAQ: CLWR) on 04/28/2009., when
the stock price was $5.46. Since then, CLEARWIRE CORPORATION has gained 12.64% as of 12/11/2009's recent price of $6.15.
If you would have followed the previous Soleil's recommendation on CLWR, you would have lost 11.21% of your investment in 227 days.

Clearwire Corporation builds and operates wireless broadband networks that enable Internet communications. Its wireless broadband networks cover entire communities and deliver a high-speed Internet connection that not only creates a new communications path into the home or office, but also provides a broadband connection anytime and anywhere within its coverage area. It offers services in both domestic and international markets. The Company?s services consist primarily of providing wireless broadband connectivity, but in some of its domestic markets, it also offers voice-over Internet protocol (VoIP) telephony services. As of December 31, 2008, The Company operated its networks in 51 markets in the United States and Europe covering approximately 18.2 million people, and as of December 31, 2008, it had approximately 475,000 wireless broadband subscribers. The Company?s networks in the United States were deployed in 47 markets and covered an estimated 15.3 million people.

Soleil focuses on institutional research without ties to proprietary trading. By aggregating unbiased, actionable research, we allow our institutional clients to access a variety of perspectives and investment opinions from one trusted source. Our experienced sales professionals and research production team evaluate and filter dozens of independent research analysts to create a select group of research partners that best serve our clients. Each of our analysts has considerable industry experience, significant institutional relationships, a deep understanding of a particular sector, and the ability to deliver proprietary data and insights. Through expanded coverage of conventional and under-followed companies, they provide multiple perspectives and divergent viewpoints across a variety of industry sectors.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/11/2009 8:25 AM Buy
6.15 8.00
as of 12/31/2009
1 Week down  -19.23 %
1 Month down  -27.28 %
3 Months up  5.72 %
1 YTD down  -18.63 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/28/2009 8:25 AM Sell
5.46 3.00

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