Sprint mum on M&A plans as quarterly loss narrows; shares down

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Sprint (S) PT Lowered to $10 at Macquarie Following 4Q EPS Miss

May 3, 2017 2:06 PM EDT

Macquarie raised its price target on Sprint (NYSE: S) to $11.00 (from $10.00) while maintaining a Outperform rating, following the company's fourth quarter earnings report.

Analyst Amy Young notes the company delivered top-line revenues above consensus projections, despite earnings per share results below estimates,... More