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down 54.50 %

CLEARWIRE CORPORATION (CLWR) downgraded to Hold with price target $2 by Kaufman Bros

Posted on: Wednesday,  Jan 4, 2012  8:25 AM ET by Kaufman Bros

Kaufman Bros rated Hold CLEARWIRE CORPORATION (NASDAQ: CLWR) on 01/04/2012. Previously Kaufman Bros rated Buy CLEARWIRE CORPORATION (NASDAQ: CLWR) on 06/08/2011.,
when the stock price was $4.22. Since then, CLEARWIRE CORPORATION has lost 54.50% as of 01/04/2012's recent price of $1.92.
If you would have followed the previous Kaufman Bros's recommendation on CLWR, you would have lost 54.5% of your investment in 210 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.

aufman Bros., L.P. recognizes that our research analysts act as the navigating force behind all of the services we offer. Through comments, profiles, reports and newsletters, our analysts track companies within their particular market segment on day-to-day happenings. Kaufman Bros. analysts bring to our tightly integrated team approach a variety of skill-sets and experience. Along with their direct communications industry, company development, and management backgrounds, they possess extensive investment community experience. Kaufman Bros. seeks to deliver comprehensive research coverage to the institutional and private investment communities in the following sectors: Cable, Satellite & Interactive Media Communications Equipment & Services Digital Media Software Enterprise Communications Technology Green Technology Internet & Digital Media IT Services & Enterprise Software Semiconductors
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/4/2012 8:25 AM Hold
1.92 2.00
as of 12/31/2012
1 Week   
1 Month   
3 Months   
1 YTD down  -1.03 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/8/2011 8:25 AM Buy
4.22 6.00
1/4/2011 8:25 AM Hold
5.22 6.00
11/5/2010 9:25 AM Hold
6.20 7.00
9/2/2010 8:25 AM Buy
6.75 8.50

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