FBR Capital Markets Maintains Outperform Rating On Sprint Nextel Corporation (S)

Analysts David Dixon and Dutch Fox at FBR Capital Markets have released an update on Sprint Nextel Corporation (NYSE: S). Sprint Nextel is scheduled to report its first-quarter results on April 28.

Based on channel checks, analysts believe there is upside to consensus’ net post-pay loss estimate of negative 612K. Analysts believe that in the prepay segment, the company should progressively increase market share. For the first-quarter, analysts have maintained their prepaid net additions estimate at +330K.

Analysts at FBR Capital Markets have maintained their Outperform rating and $6 price target for Sprint Nextel Corporation.