T-Mobile, Sprint ready board committees to decide on merger: sources

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Sprint (S) PT Raised to $8 at Nomura/Instinet on 2Q Report; 'Guidance Intact as M&A Watch Continues'

October 26, 2017 9:29 AM EDT

Nomura/Instinet raised its price target on Sprint (NYSE: S) to $8.00 (from $7.00) while maintaining a Neutral rating, following the company's second quarter earnings report.

Jeffrey Kvaal comments, "Solid headline net adds and EBITDA numbers should hold estimates essentially unchanged. We do detect, however,... More