Market Overview

Vetr Crowd Upgrades Sprint To Strong Buy In Light Of Earnings Miss Discount

Share:

The Vetr crowd on Thursday upgraded its rating for Sprint Corp (NYSE: S) from 3.5 stars (Buy), issued eight days ago, to 4.5 stars (Strong Buy). Crowd sentiment at the time of the upgrade was unanimously positive, with 100 percent of Vetr user ratings bullish.

Vetr's upgrade comes a day after a disappointing Q4 earnings delivery from the telecom company, which saw quarterly sales of $8.539 billion, $120 million below analyst estimates. The earnings miss triggered a selloff that saw shares fall by about $1 over the next two trading days.

Sprint closed today at $7.94.

Learn how crowdsourced ratings could help you time the market.

Currently, the Vetr crowd's average target price on Sprint is up at $9.63, which is above the average analyst target price of $8.76. Less than 2 percent of Vetr users are holding S in their watch lists.

Latest Ratings for S

DateFirmActionFromTo
Feb 2020CitigroupMaintainsNeutral
Feb 2020HSBCUpgradesReduceHold
Jan 2020CitigroupMaintainsNeutral

View More Analyst Ratings for S
View the Latest Analyst Ratings

 

Related Articles (S)

View Comments and Join the Discussion!

Posted-In: VetrUpgrades Price Target Crowdsourcing Analyst Ratings

Latest Ratings

StockFirmActionPT
SOLOAegis CapitalAssumes4.0
TSLAJP MorganMaintains295.0
CVNAWedbushMaintains125.0
PFSICredit SuisseMaintains46.0
PMTCredit SuisseMaintains22.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com