Bernstein Downgrades MetroPCS (PCS), Leap Wireless (LEAP) to Market Perform

March 5, 2012 8:47 AM EST Send to a Friend
Get Alerts PCS Hot Sheet
Price: $11.84 --0%

Rating Summary:
    15 Buy, 12 Hold, 1 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 11 | Down: 35 | New: 23
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Bernstein's Craig Moffett downgraded shares of MetroPCS (NYSE: PCS) and Leap Wireless (Nasdaq: LEAP) from Outperform to Market Perform Monday morning.

While MetroPCS shares are down 1.5 percent to $10.40 at last check, shares of Leap are down 5.2 percent to $10 even.

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