Stifel Nicholas is upgrading Sprint (S) to Hold: while still "cautious" on the company due to a...

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

Stifel Nicholas is upgrading Sprint (S) to Hold: while still "cautious" on the company due to a weak Q2 and competitive pressures, the firm thinks the recent selloff in Sprint shares limits future downside. Sprint is nonetheless down 5.3% today, as shares fall in sympathy with those of 4G partner Clearwire (CLWR -27.1%). (more on CLWR)