Sprint (S) volatility flat into Q2 and 4G growth outlook

July 26, 2011 7:49 AM EDT
Sprint (NYSE: S) was upgraded to Outperform from Sector Perform at RBC Capital with a price target of $6. Overall option implied volatility of 42 is near its six-month average according to Track Data, suggesting flat price movement into the expected release of Q2 results on July 28.


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