Shares of Sprint Nextel (S) opened higher after FBR's David Dixon upgraded S to Outperform ahead...

|About: Sprint Corporation (S)|By:, SA News Editor

Shares of Sprint Nextel (S) opened higher after FBR's David Dixon upgraded S to Outperform ahead of tomorrow morning's Q4 results, which he expects will be flat - as opposed to the sequential declines at rivals Verizon (VZ) and AT&T (T) - the first time in recent history S would lead the pack. S recently +0.7%.