Sprint (S) Shares Higher as Guggenheim Upgrades to Buy

May 18, 2012 8:47 AM EDT
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Price: $21.19 +1.19%

Rating Summary:
    23 Buy, 14 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 8 | Down: 5 | New: 26
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Guggenheim Securities' Shing Yin upgraded shares of Sprint (NYSE: S) from Neutral to Buy Friday morning. The analyst boosted the stock's price target from $3 to $3.50.

Sprint shares are up about 1.7 percent to $2.40 ahead of the opening bell Friday. The analyst's new price target represents potential upside of about 46 percent.

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


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