Macquarie analyst Amy Yong initiated coverage on majorU.S. carriers, TheFly.com reported April 5.

The analyst gave "outperform" ratings to and , and "neutral" ratingsto Verizon Communications Inc.,T-Mobile US Inc. and

The analyst attached respective price targets of $45,$4, $56, $42 and $25 on AT&T, Sprint, Verizon, T-Mobile and Shenandoah.