Kaufman Bros. Maintains a 'Buy' on Clearwire (CLWR); Having Conversations with Apparently Everyone

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September 27, 2011 12:59 PM EDT
Get Alerts CLWR Hot Sheet
Price: $4.99 --0%

Rating Summary:
    2 Buy, 9 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 5 | Down: 4 | New: 11
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Kaufman Bros. maintains a 'Buy' on Clearwire (NASDAQ: CLWR).

Kaufman analyst says, "Clearwire does appear to be aggressively courting partners with comments from their CEO that they are speaking with Verizon (NYSE: VZ) and AT&T (NYSE: T) (we think Verizon is a more likely partner than AT&T) to comments from Echostar's (Nasdaq: SATS) CEO that it may look to form an infrastructure partnership with Clearwire. We are unlikely to hear much on this front until after the Sprint (NYSE: S) investor day on October 7, 2011."

For more ratings news on Clearwire click here and for the rating history of Clearwire click here.

Shares of Clearwire closed at $2.54 yesterday.

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