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Enter Symbol:
Rating: S
Hold $3.75

Sprint Nextel Corporation (NYSE: S) reiterated to Hold with price target $3.75 by Canaccord Genuity

Wednesday,  Aug 5, 2015  9:25 AM ET by Betsy O'Brien Harrison

Canaccord Genuity reiterated Sprint Nextel Corporation (NYSE: S) to Hold with price
target $3.75. Previously Canaccord Genuity reiterated Sprint Nextel Corporation (NYSE: S) to Hold with price target $5 on 11/05/2014, when the stock price was $5.09.

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.

Canaccord Genuity’s global team of over 100 research professionals are inquisitive, experienced and committed to generating actionable investment ideas. We analyze over 725 companies in a broad range of market sectors, identifying value and defining risk for our clients.



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