Wells Fargo Maintains an 'Outperform' on Sprint (S); OnTime 4G LTE Launch Gains Momentum

July 16, 2012 10:56 AM EDT Send to a Friend
Get Alerts S Hot Sheet
Price: $7.32 +0.55%

Rating Summary:
    10 Buy, 17 Hold, 1 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 11 | Down: 35 | New: 23
Trade S Now!
Wells Fargo maintains an 'Outperform' on Sprint (NYSE: S).

Analyst, Jennifer M. Fritzsche, views Sprint's announcement to launch its 4G LTE network across 15 cities as positive, especially considering recent chatter that suggested the company was cutting back on Network Vision sites, etc. Also the markets that were pre-announced are being launched on time, and with the addition of the Waco market, Fritzche, believes Network Vision is gaining Momentum.

For an analyst ratings summary and ratings history on Sprint click here. For more ratings news on Sprint click here.

Shares of Sprint closed at $3.33 yesterday, with a 52 week range of $2.10-$5.45.


Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here



You May Also Be Interested In


Related Categories

Analyst Comments

Related Entities

Wells Fargo

Add Your Comment