Credit Suisse Downgrades NII Holdings (NIHD) to Neutral
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Credit Suisse downgrades NII Holdings (Nasdaq: NIHD) from Outperform to Neutral.
NII reported its Q1 earnings yesterday, beating Wall Street analysts on both EPS and sales.
Shares of NII rallied more than 13% on the results yesterday and upside momentum is continuing today. The stock is currently up 1% to $16.45.
NII Holdings, Inc., through its subsidiaries, provides wireless communication services to businesses and individuals in Latin America.
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