Bernstein Upgrades MetroPCS (PCS) to Outperform

October 8, 2012 6:37 AM EDT 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: 13 | Down: 25 | New: 24
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Bernstein upgraded MetroPCS (NYSE: PCS) from Market Perform to Outperform on synergies from T-Mobile takeover. The firm said it would be difficult for Apple to withold iPhone from T-Mobile. Also, they don't see Sprint outbidding Deutsche Telekom.

For an analyst ratings summary and ratings history on MetroPCS click here. For more ratings news on MetroPCS click here.

Shares of MetroPCS closed at $12.65 yesterday, with a 52 week range of $5.53-$14.51.


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