Soleil Securities Initiates Coverage on NII Holdings (NIHD) with a Buy
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Soleil Securities initiates coverage on NII Holdings, Inc. (Nasdaq: NIHD) with a Buy. Price target $26
Soleil analyst says, "Over-sold compelling high-growth investment play in the under-penetrated Latin American wireless market. Appears well-positioned to produce favorable operating cash flow growth and expand margins as the company generates strong subscriber growth and scales its network."
NII Holdings, Inc. (NII Holdings) provides digital wireless communication services primarily targeted at meeting the needs of business customers through operating companies located in selected Latin American markets.
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