Wells Fargo reiterates an Outperform on Sprint (S +3.5%) after channel checks show the carrier...

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

Wells Fargo reiterates an Outperform on Sprint (S +3.5%) after channel checks show the carrier to be faring well against Verizon Wireless (VZ, VOD) and AT&T (T), against whom it's struggled in recent years. The firm speculates Sprint, which soared recently on a report it will carry the next iPhone, may be getting a boost from its cheap data pricing.