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Sprint Nextel Upgraded by JPMorgan Chase to Overweight

2013-04-21 14:43:41| Telecom - Topix.net

The firm currently has a $8.00 price target on the stock, up from their previous price target of $6.00. The analysts wrote, "We have recently been cautious on Sprint due to the operational challenges facing the company regarding continued subscriber headwinds as well as high opex and capex spend.

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