Sprint Nextel (NYSE:S) has ratings changes and reiterations on them by several brokerages.
Gabelli reiterated its “Buy” rating on Sprint, while Oppenheimer reiterated its "Market Perform" rating on the company.
Sprint Nextel was downgraded by Kaufman Brothers from a “Buy” rating to a “Hold” rating. They have a price target of $2.50 on the company, down from $6.00.
Sprint Nextel was downgraded by Raymond James (NYSE:RJF) from an “Outperform” rating to a “Strong Buy” rating.
Sprint Nextel (NYSE: S) was downgraded by Collins Stewart from a “Buy” rating to a “Neutral” rating. They have a price target of $3.00 on the company, down from $5.00.
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