Analyst Ratings for NII Holdings (NIHD)

Overall Rating: NEUTRAL Rating Trend:

Avg. $ Target: $22.06 (+228.3%)

Date	Firm	Type	Rating (Past)	PT (Past)	Start $	End $	% Chg.	Details
4/29/2013	Wells Fargo	Upgrade	Outperform (Market Perform)	14.00 (2.25)	8.83	6.72	-23.9%	Details
2/6/2013	JPMorgan	Downgrade	Underweight (Neutral)	N/A (N/A)	5.83	6.72	15.27%	Details
8/10/2012	Macquarie	Upgrade	Outperform (Neutral)	10.00 (15.00)	6.66	6.72	0.9%	Details
8/7/2012	Deutsche Bank	Downgrade	Hold (Buy)	37.00 (N/A)	8.08	6.72	-16.83%	Details
4/27/2012	HSBC	Downgrade	Underweight (N/A)	14.00 (N/A)	14.41	6.72	-53.37%	Details
2/27/2012	Barclays » Updated 8/13/2012	Downgrade	Underweight (N/A)	7.00 (12.00)	20.25	6.72	-66.81%	Details
2/24/2012	BofA/Merrill Lynch	Downgrade	Underperform (N/A)	N/A (N/A)	21.21	6.72	-68.32%	Details
10/28/2011	Goldman Sachs » Updated 1/9/2012	Downgrade	Neutral (N/A)	25.50 (N/A)	25.80	6.72	-73.95%	Details
10/4/2011	Mizuho Securities	Downgrade	Neutral (N/A)	27.00 (N/A)	25.06	6.72	-73.18%	Details
9/12/2011	Morgan Stanley	Downgrade	Equalweight (N/A)	42.00 (N/A)	36.18	6.72	-81.43%	Details
5/16/2011	Credit Suisse » Updated 5/16/2011	Upgrade	Neutral (N/A)	N/A (N/A)	43.40	6.72	-84.52%	Details
1/10/2011	Morgan Joseph	New Coverage	Buy (N/A)	N/A (N/A)	42.89	6.72	-84.33%	Details
12/15/2010	BTIG	Upgrade	Buy (N/A)	N/A (N/A)	44.18	6.72	-84.79%	Details
11/2/2010	William Blair	New Coverage	Outperform (N/A)	N/A (N/A)	41.84	6.72	-83.94%	Details
10/8/2010	Gabelli » Updated 4/9/2013	New Coverage	Buy (N/A)	N/A (N/A)	41.99	6.72	-84%	Details

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