Sprint Corp. (S) Offers Prelim. Q3 Results; Revenue Grew 3%, adj.-EBITDA Increased 17%
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Sprint (S) PT Raised to $8 at FBR Capital; Turnaround on Track
October 19, 2016 7:08 AM EDTFBR Capital analyst David Dixon reiterated an Outperform rating and raised its price target on Sprint (NYSE: S) to $8.00 (from $7.00), saying the business turnaround is on track.
Dixon commented, "Our non-consensus thesis is playing out, as Sprint's turnaround story is on track with preliminary F2Q16 financial results coming in ahead of Street expectations. Rather... More