UPDATE: Macquarie Upgrades Sprint on Entry Point Created by Recent Share Weakness
October 16, 2013 at 10:20 AM EDT
In a report published Wednesday, Macquarie analyst Kevin Smithen upgraded the rating on Sprint Corporation (NYSE: S ) from Neutral to Outperform, and raised the price target from $7.00 to $7.50. In the report, Macquarie Capital noted, “In our opinion, recent weakness in Sprint shares due to concerns over a
