LEAP: Jefferies Cuts to Sell; Competition Rising, Spectrum Undesired

Barron's (blog)
Shares of Leap Wireless (LEAP) are down 39 cents, or 6%, at $5.94 after Jefferies & Co.'s Thomas Thomas Seitz cut his rating on the shares this morning to Underperform from Hold, and cut his price target to $5 from $6, writing that weak business trends ...

Jefferies Group Lowers Leap Wireless to Underperform (LEAP)

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