Leap Wireless International, Inc. (LEAP) Maintains A Hold Rating

Soleil Securities has released an update on Leap Wireless International, Inc. (NASDAQ: LEAP). The company reported fourth-quarter results in-line with expectations.

Soleil believes that the company can benefit from industry consolidation; however, it expects pricing competition to increase throughout this year, which could put pressure on ARPU, and limit margin expansion.

Soleil Securities has maintained a Hold rating for Leap Wireless International, Inc., with a price target of $14.