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S

Sprint

$5.74

-0.05 (-0.86%)

, TMUS

T-Mobile

$74.47

-0.26 (-0.35%)

06:50
05/07/19
05/07
06:50
05/07/19
06:50

Sprint says promotional free cellphone lines helped mask health, WSJ reports

Sprint (S) told regulators reviewing its merger with T-Mobile (TMUS) that promotional free cellphone lines made the company look healthier then it is due to the way Sprint rewards its salespeople, the Wall Street Journal's Sarah Krouse reports, citing current and former salespeople. Commissions for sales representatives are often linked to the number of new lines they activate each month, even if some of those are given away as part of promotions and free lines also count toward baseline monthly sales quotas. Reference Link

S

Sprint

$5.74

-0.05 (-0.86%)

TMUS

T-Mobile

$74.47

-0.26 (-0.35%)

  • 07

    May

S Sprint
$5.74

-0.05 (-0.86%)

04/30/19
KEYB
04/30/19
NO CHANGE
Target $215
KEYB
Overweight
SBA Communications price target raised to $215 from $195 at KeyBanc
KeyBanc analyst Brandon Nispel raised his price target for SBA Communications to $215 from $195 as he continues to expect accelerating organic growth in its domestic business in 2019 versus 2018 and sees further potential for acceleration in 2020 versus 2019 if the T-Mobile (TMUS)/Sprint (S) merger is approved. The analyst also believes valuations can continue to trend higher given strong underlying growth in the business and his view that guidance could continue to be raised in 2019. He reiterates an Overweight rating on SBA Communications shares.
04/29/19
RAJA
04/29/19
DOWNGRADE
RAJA
Market Perform
Sprint downgraded to Market Perform from Outperform at Raymond James
04/26/19
KEYB
04/26/19
NO CHANGE
Target $88
KEYB
Overweight
T-Mobile price target raised to $88 from $76 at KeyBanc
KeyBanc analyst Brandon Nispel raised his price target for T-Mobile (TMUS) to $88 from $76, saying he believes that "with or without" Sprint (S), T-Mobile's fundamentals and market position are extremely strong relative to its valuation and he would be aggressively buying shares. Nispel tells investors in a research note that he sees potential for T-Mobile to beat subscriber expectations in 2019, beat adjusted EBITDA expectations and believes the skeptics view on lower than expected ARPU and gross additions as "wrong." He backs an Overweight rating on the shares.
04/17/19
GSCO
04/17/19
NO CHANGE
GSCO
Sprint, T-Mobile headlines positive for Dish, Intelsat, says Goldman Sachs
Goldman Sachs analyst Brett Feldman, while taking no view on the outcome of the proposed merger between Sprint (S) and T-Mobile (TMUS), laid out his thoughts for other industry participants following the Wall Street Journal's report that the Department of Justice is unlikely to approve the deal as currently structured. The analyst believes investors will initially see the headlines as negative for the other major wireless carriers, namely AT&T (T) and Verizon (VZ), since they "create uncertainty over long-term industry structure." Further, investors will initially see these headlines as a slight positive for tower operators American Tower (AMT), Crown Castle (CCI) and SBA Communications (SBAC) as they "imply less risk of material cell site decommissioning," Feldman told investors earlier in a research note. The analyst also thinks investors will view the Journal's report as positive for owners of excess spectrum such as Dish (DISH) and Intelsat (I) and a slight positive for cable operators like Altice USA (ATUS), Charter (CHTR) and Comcast (CMCSA).
TMUS T-Mobile
$74.47

-0.26 (-0.35%)

05/03/19
NRCS
05/03/19
UPGRADE
Target $70
NRCS
Buy
Northcoast upgrades Generac to Buy as emerging play on 5G growth
As previously reported, Northcoast analyst Tom Hayes upgraded Generac to Buy from Neutral as he sees significant benefits from its increased closing rates for home standby units and the backup power needs associated with 5G growth. Spending for the infrastructure for 5G is expected to ramp to $26B in 2022 and Generac has established relationships with Verizon (VZ), AT&T (T) and T-Mobile (TMUS), noted Hayes, who believes the company is likely used by the major carriers in a significant percentage of all their back-up power needs. He set a $70 price target on Generac shares.

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