Sprint Corp. (S) Reports Q3 Loss of $0.12

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Sprint (S) PT Raised to $5 at Jefferies

February 1, 2017 6:55 AM EST

Jefferies raised its price target on Sprint (NYSE: S) to $5.00 (from $4.50) while maintaining a Underperform rating following results.

Analyst Mike McCormack commented, "Results were mixed, with financials beating on higher equipment, while handsets were softer given higher churn. Sprint continues to make... More