Craig-Hallum analyst George Sutton started pdvWireless (PDVW) with a Buy rating and $62 price target. The analyst believes upcoming FCC action is set to "dramatically" increase the value o its spectrum assets. Sutton notes that in 2014 the company made a $100M bet, namely they acquired largely dormant 900 MHz spectrum assets from Sprint (S). Following years of behind the scenes actions by pdvWireless, this bet is finally set to pay off in a big way because the FCC appears ready to reallocate a portion of the 900 MHz band from narrow-band to broadband use, he contends.