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Is Sprint Falling Behind or About to Take Down the Competition?

After a deluge of Sprint downgrades FBR Capital’s David Dixon offered some kinds words.

He swapped AT&T out of the firm’s top pick spot, in favor of Sprint.

Dixon cited a few key advantages:
1. Simplicity of its offering
2. Strong value proposition
3. Solid product lineup
4. Improving network quality

The move paints a sharp contrast to a string of Street downgrades some of which you see below:

Firm Previous Rating Current
JPMorgan Overweight Neutral
Deutsche Bank Buy Hold
Mizuho Securities Buy Neutral
Kaufman Bros. Buy Hold
Collins Stewart Buy Neutral
Raymond James Strong Buy Outperform


So who’s right – Dixon or the slew of analysts who downgraded the stock earlier in the week?

For insights we turned to Jonathan Schildkraut of Evercore Partners. Check out what he said. Watch the video now!







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Trader disclosure: On October 12, 2011, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; Seymour owns BAC; Seymour owns GLD; Seymour owns POT; Seymour owns AKS; Adami Owns (AGU); Adami Owns (C); Adami Owns (GS); Adami Owns (INTC); Adami Owns (MSFT); Adami Owns (NUE); Adami Owns (BTU); Terranova is long VRTS; Terranova is long LQD; Terranova is long MUB; Terranova is long FCX; Terranova is long TBT; Terranova is long OXY; Terranova is long HOS; Terranova is long F; Terranova is long LULU; Terranova is long OIH; Terranova is long CAT; Terranova is long AXP; Terranova is long EMC; Terranova is long WFC; Terranova is long AAPL; Terranova is long IBM; Terranova is long Silver December $40 puts; Finerman owns AAPL; Finerman owns BAC; Finerman owns GOOG; Finerman owns JPM; Finerman owns ORCL; Finerman’s firm owns AAPL; Finerman’s firm owns JPM LEAPS & PUTS; Najarian has long call spreads APPL; Najarian has long call spreads MOS; Najarian is long CBOE; Najarian is long CME; Najarian is long SIGX

For Jeff Saut
Saut owns HCN
Saut owns LIN
Saut owns EVEP

For Anthony Scaramucci
No disclosures

For Jonathan Schildkraut
Evercore Partners seek investment banking business from Sprint (S) and expect to receive or intend to seek compensation for investment banking services from this subject company within the next three months.

For Mark Gulley

Ticonderoga Securities: The relevant research analyst(s), as named on the front cover of this report, certify that (a) the views expressed in this research report accurately reflect their personal views about the securities and companies mentioned in this report; and (b) no part of their compensation was, is, or will be directly or indirectly related to the specific recommendation(s) [POT, CF, MOS, DE, DBA] or views expressed by them.

For Peter Boockvaar
No disclosures

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