{"id":198723,"date":"2010-01-19T12:34:29","date_gmt":"2010-01-19T17:34:29","guid":{"rendered":"http:\/\/www.stoth.com\/2010\/01\/19\/sprint-slides-bernstein-cuts-to-underperform-sees-increasing-pricing-pressure-voices\/"},"modified":"2010-01-19T12:34:29","modified_gmt":"2010-01-19T17:34:29","slug":"sprint-slides-bernstein-cuts-to-underperform-sees-increasing-pricing-pressure-voices","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/198723","title":{"rendered":"Sprint Slides; Bernstein Cuts To Underperform; Sees Increasing Pricing Pressure [Voices]"},"content":{"rendered":"<p><\/p>\n<p>By Eric Savitz, Blogger and Columnist, Barron&#8217;s, Tech Trader Daily<\/p>\n<p>Sprint (S) shares are coming under pressure this morning from Bernstein Research analyst Craig Moffett, who this morning cut his rating on the shares to Underperform from Market Perform, with a price target of $3, which is actually up from $2.50.<\/p>\n<p>Recent price cuts by AT&#38;T (T) and Verizon (VZ) in the post-paid market, and Metro PCS (PCS) in the pre-paid market, \u201ctighten a vise that leases Sprint once again stuck in the middle,\u201d he writes in a research note. He notes that the company\u2019s cost structure \u201cis poorly suited for the current round of wireless price wars,\u201d with \u201ca huge gap between Sprint\u2019s per-subscriber monthly costs versus those of its peers.\u201d He says the company\u2019s steady-state per-subscriber monthly cost is close to $36, compared with $32 at T-Mobile, $29 at AT&#38;T and $28 at Verizon, with Leap (LEAP) and Metro PCs lower still.<\/p>\n<p><a href=\"http:\/\/blogs.barrons.com\/techtraderdaily\/2010\/01\/19\/sprint-slides-bernstein-cuts-to-underperform-sees-increasing-pricing-pressure\/\">Read the rest of this post on the original site<\/a><\/p>\n<div><\/div>\n<p>Buy This Item: <a class=\"buy\" href=\"http:\/\/www.stoth.com\/buy.php\" ><span style=\"color: #33bc03\">[Click here to buy this item]<\/span><\/a><\/p>\n<p><a href=\"http:\/\/voices.allthingsd.com\/20100119\/sprint-slides-bernstein-cuts-to-underperform-sees-increasing-pricing-pressure\/?mod=ATD_rss\" >Read Original Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Eric Savitz, Blogger and Columnist, Barron&#8217;s, Tech Trader Daily Sprint (S) shares are coming under pressure this morning from Bernstein Research analyst Craig Moffett, who this morning cut his rating on the shares to Underperform from Market Perform, with a price target of $3, which is actually up from $2.50. Recent price cuts by [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-198723","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/198723","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=198723"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/198723\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=198723"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=198723"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=198723"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}