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

down 3.24 %

Sprint Nextel Corporation (S) rated Outperform with price target $5 by RBC Capital Mkts

Posted on: Friday,  Sep 30, 2011  9:25 AM ET by RBC Capital Mkts

RBC Capital Mkts rated Outperform Sprint Nextel Corporation (NYSE: S) on 09/30/2011. Previously RBC Capital Mkts rated Outperform Sprint Nextel Corporation (NYSE:
S) on 07/26/2011., when the stock price was $5.24. Since then, Sprint Nextel Corporation has lost 3.24% as of 01/27/2016's recent price of $5.07.
If you would have followed the previous RBC Capital Mkts's recommendation on S, you would have lost 3.24% of your investment in 1646 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.

RBC Capital Markets is an international corporate and investment bank that provides innovative solutions and a focused set of products and services to institutions, corporations, governments and high net worth clients around the world. With nearly 3,700 professional and support staff, we operate out of 75 offices in 15 countries and deliver our products and services through operations in Asia and Australasia, the UK and Europe and in every major North American city.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/30/2011 9:25 AM Buy
3.08 5.00
as of 12/30/2011
1 Week up  1.29 %
1 Month down  -13.33 %
3 Months down  -23.02 %
1 YTD down  -24.02 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/26/2011 8:25 AM Buy
5.24 6.00
10/28/2010 9:25 AM Hold
4.26 5.00
2/20/2009 9:25 AM Hold
3.08 4.00
2/29/2008 8:25 AM Hold
7.11 10.00
1/22/2008 3:26 PM Hold
8.22 12.00

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