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down 30.84 %

Clearwire Corporation (CLWR) rated Buy with price target $9 by Jefferies

Posted on: Wednesday,  Apr 14, 2010  5:25 PM ET by Jefferies

Jefferies rated Buy CLEARWIRE CORPORATION (NASDAQ: CLWR) on 04/14/2010. Previously Jefferies rated Buy CLEARWIRE CORPORATION (NASDAQ: CLWR) on 04/14/2010., when
the stock price was $7.23. Since then, CLEARWIRE CORPORATION has lost 30.84% as of 07/05/2013's recent price of $5.00.
If you would have followed the previous Jefferies's recommendation on CLWR, you would have lost 30.84% of your investment in 1178 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.

Jefferiess' research efforts cover U.S. & International equity, high yield, convertibles, derivatives and option strategies, investment grade fixed income, post-reorganization securities, as well as special situations and quantitative research. Our team of more than 150 research professionals covers nearly 1,200 companies in more than 40 industries worldwide. Our analysts focus on identifying emerging industry themes while providing in-depth, thought provoking, objective research.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/14/2010 5:25 PM Buy
7.38 9.00
as of 12/31/2010
1 Week down  -19.23 %
1 Month down  -2.82 %
3 Months down  -32.34 %
1 YTD down  -25.47 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/14/2010 9:25 AM Buy
7.23 9.00
4/14/2010 8:25 AM Buy
7.23 9.00

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