Citi Downgrades Sprint (S) to Neutral

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Sprint (S) 'The New King of Spectrum'; Deutsche Bank Resumes at Buy

July 11, 2013 12:59 PM EDT

Deutsche Bank resumed/ upgraded Sprint (NYSE: S) from Hold to Buy with a price target of $8.00 (from $4.25). Analyst Ross Seymore thinks the new company will be a spectrum powerhouse.

"We are reinstating coverage of Sprint with a Buy rating and $8 price... More