trending Market Intelligence /marketintelligence/en/news-insights/trending/BgC4xuWWMEE11SutErSHDA2 content esgSubNav
In This List

Analyst downgrades Sprint

Blog

Can private clouds ever really compete with the public cloud?

Blog

Esports, short-form content engaging more fans across Asia

Blog

Q&A: Data That Delivers - Automating the Credit Risk Workflow

Blog

Gauging Supply Chain Risk In Volatile Times


Analyst downgrades Sprint

Pacific Crest analyst Michael Bowen downgraded to "underweight"from "sector weight," pointing that the company lacks competitivetools other than price.

Bowen expects Sprint to report Q1 net postpaid additions andchurn worse than his previous expectations, TheFly.com reported April 13.

He also labeled the stock a "tactical short" intoearnings.

Bowen contended that the company's 2016 guidance should notbe taken at face value, adding that the company has a long turnaround ahead ofit.