NII Holdings, Inc. (NIHD) Misses Q1 EPS by 14c; Reports 52K Net Subs Loss

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Go back to NII Holdings, Inc. (NIHD) Misses Q1 EPS by 14c; Reports 52K Net Subs Loss

Gabelli Downgrades NII Holdings (NIHD) to Sell

May 14, 2014 8:53 AM EDT

Gabelli downgraded NII Holdings (NASDAQ: NIHD) from Hold to Sell.

For an analyst ratings summary and ratings history on NII Holdings click here. For more ratings news on NII Holdings click here.

Shares of NII Holdings closed at $0.68 yesterday.

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NII Holdings (NIHD) Remains Sell-Rated at Goldman Sachs

May 12, 2014 1:54 PM EDT

Goldman Sachs maintained a Sell rating on NII Holdings (NASDAQ: NIHD) with a price target of $0.50.

Analyst Vera Rossi said, "Results continue to deteriorate due to high disconnections in Mexico and ARPU declines across the board. Net disconnections reached 52,000 (vs. 113,000 net additions in 1Q13). Consolidated ARPU of US$29 was down 25.6% y/y.... More