Baird Upgrades AT&T (T), Verizon (VZ), MetroPCS (PCS), Leap (LEAP) to Outperform

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Robert W. Baird upgraded several stocks in the Telecom group this morning, each from Neutral to Outperform:

• AT&T (NYSE: T) - price target raised from $30 to $34
  
• Verizon (NYSE: VZ) - price target raised from $36 to $42
  
• MetroPCS (NYSE: PCS) - price target raised from $14 to $22
  
• Leap Wireless (Nasdaq: LEAP) - price target raised from $14 to $19

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