Sprint Corp. (S) Reports Q2 Loss of $0.04/Share

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Go back to Sprint Corp. (S) Reports Q2 Loss of $0.04/Share

Sprint (S) PT Raised to $4.50 at Jefferies

October 26, 2016 8:22 AM EDT

Jefferies analyst Mike McCormack raised his price target on Sprint (NYSE: S) to $4.50 (from $2.50) but maintained an Underperform rating.

McCormack commented, "Having preannounced better than expected results, the focus today was on ARPU, which was below estimates, though still reflected moderating declines.... More