MetroPCS (PCS): Bargain Hunting – Upgraded to Outperform at Bernstein

Bernstein’s Craig Moffett is telling his clients to go bargain hunting in the Pre-Paid Wireless space this morning. - Moffett is upgrading MetroPCS (NYSE:PCS) to Outperform from Market Perform with a $16 price target. He writes: The sell-off in telecom stocks has been nothing short of breathtaking in recent weeks, with many stocks in the [...]