Scalper1 News
Cowen & Co. on Thursday downgraded Sprint (S) on views that the stock has limited upside even if its majority owner, Japan’s SoftBank, successfully bids for T-Mobile USA (TMUS). Analyst Colby Synesael downgraded Sprint to market perform from outperform. Synesael says it’s possible satellite broadcaster Dish Network (DISH) could bid for T-Mobile USA, not the first time the two have eyed the same merger target. Both Sprint and Dish bid for Clearwire Scalper1 News
Scalper1 News