JPMorgan Starts Numerous Telecom Stocks: T, S at Buy, VZ, CLWR at Neutral, USM at Underweight

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JPMorgan has initiated coverage on a litany of Telecom stocks this morning.

With an Overweight rating:

• AT&T (NYSE: T)
  
• Sprint (NYSE: S)
  
• MetroPCS (NYSE: PCS)
  
• SBA Communications (Nasdaq: SBAC)
  
• Crown Castle (NYSE: CCI)
  
• American Tower (NYSE: AMT)
  
• Leap Wireless (Nasdaq: LEAP)
  
• Frontier Communications (NYSE: FTR)

With a Neutral rating:

• Verizon (NYSE: VZ)
  
• Clearwire (Nasdaq: CLWR)
  
• Ntelos (Nasdaq: NTLS)
  
• Windstream (NYSE: WIN)
  
• Telephone & Data Systems (NYSE: TDS)

With an Underweight rating:

• US Cellular (NYSE: USM)

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