BTIG Says Would Take 'Much More Than $3/Share for Sprint to Take Control of Clearwire'
BTIG Research's Walter Piecyk believes "it might take much more than $3 per share for Sprint (NYSE: S) to take control of Clearwire (NASDAQ: CLWR)..." Piecyk said such a move by Sprint would be "well worth the price in order to secure all of Clearwire's spectrum for its own use, keep it out of the hands of competitors and eliminate material roaming expense."
BTIG maintains a Buy rating on Clearwire and a Neutral rating on Sprint.
Latest Ratings for CLWR
|Jun 2013||Janco Partners||Downgrades||Buy||Market Perform|
|Jun 2013||BTIG Research||Downgrades||Buy||Neutral|
|May 2013||Raymond James||Upgrades||Underperform||Market Perform|
© 2015 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.