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

Rating:
Hold S
up 32.84 %

Sprint Nextel Corporation (S) upgraded to Hold by Stifel Nicolaus

Posted on: Thursday,  Aug 4, 2011  8:25 AM ET by Stifel Nicolaus

Stifel Nicolaus rated Hold Sprint Nextel Corporation (NYSE: S) on 08/04/2011. Previously Stifel Nicolaus rated Sell Sprint Nextel Corporation (NYSE: S)
on 06/07/2011., when the stock price was $5.42. Since then, Sprint Nextel Corporation has lost 24.72% as of 08/04/2011's recent price of $4.08.
If you would have followed the previous Stifel Nicolaus's recommendation on S, you would have gained 32.84% of your investment in 58 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.

Stifel Nicolaus research focuses on all market caps, but is a leader in small- and mid-cap research. The department is staffed predominately with industry professionals from outside Wall Street. In fact, approximately 50% of its analysts have hands-on work experience in the industry that they research. Stifel Nicolaus believes industry experience, its opportunistic approach, and broad market cap coverage drive excess returns and its award-winning franchise.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/4/2011 8:25 AM Hold
None
4.08
as of 12/30/2011
1 Week   
1 Month   
3 Months   
1 YTD up  24.72 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/7/2011 8:25 AM Sell
None
5.42 4.50
11/9/2007 9:25 AM Hold
None
16.21
10/9/2007 9:25 AM Sell
None
18.28

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