Sprint Corp. (S): Two Catalysts - Macquarie

Macquarie analyst, Amy Young, noted that two recent developments could meaningfully accelerate Sprint Corp's (NYSE: S) operational/financial turnaround: 1) Nikesh Arora's departure from Softbank could usher in managerial changes to push additional reorg and inspire change or a shift in viewpoints; and 2) liquidity continues to improve with creative financing, quelling fears of insolvency.‌‌‌‌

Outperform Sprint (NYSE: S) price target of $4.00

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

Shares of Sprint closed at $4.16 yesterday.

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