Deutsche Bank has published a report on the pre-announced net adds of Leap Wireless LEAP.
In the report Deutsche Bank writes, "On Monday after the close, Leap Wireless (LEAP) pre-announced 1Q11 consolidated net adds of approximately 300k, well above our estimate of 170k (+200k voice and -30k broadband). The 1Q11 net adds are an increase from 107k in 4Q10 and a decline from 446k in 1Q10."
LEAP has a Hold Rating and a $14.00 PT.
LEAP closed at 414.05 yesterday.
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Posted In: Analyst ColorAnalyst RatingsDeutsche BankLeap WirelessTelecommunication ServicesWireless Telecommunication Services
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