Robert W. Baird upgrades AT&T (T +1%), Verizon (VZ +0.8%), Leap Wireless (LEAP +4%) and Metro PCS (PCS +2.1%), calling AT&T's proposed acquisition of T-Mobile (DTEGY.PK) a "watershed event" benefiting all wireless carriers. "Reducing the number of nationwide providers... should improve pricing stability, which is all the more important in the face of surging data traffic."
Robert W. Baird upgrades AT&T (T +1%), Verizon (VZ +0.8%), Leap Wireless (LEAP +4%) and...
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