Analysts: Sprint Faces Rising Debt Levels and 3 More Research Notes to Explore

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Sprint (NYSE:S): Citigroup has downgraded Sprint to Neutral from Buy, citing valuation and expectations for rising debt levels due to wireless acquisitions and accelerated investments, although it raised its price target for shares to $7.50 from $6.50 and points out that shares of Sprint were upgraded this morning at Deutsche Bank.

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