UPDATE: Hudson Square Research Downgrades Leap Wireless from Buy to Hold

Hudson Square Research downgraded Leap Wireless International LEAP from a Buy to a Hold rating. Hudson Square Research noted, “Leap reported disappointing 2Q results yesterday after the close. All the major metrics were worse than forecast including net sub losses. As we have lost faith in the company's consistently shifting strategies, we are downgrading Leap from Buy to Hold.” Leap Wireless closed at $5.52 on Monday.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Analyst ColorDowngradesAnalyst RatingsHudson Square Research
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!