The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.
Carrier
–McAdams Wright Ragen initiated coverage on Clearwire Corp. with a buy rating and a $28 price target.
–Lehman Bros. lowered its price target on Leap Wireless to $85 from $105, saying it believes the company’s cost of growth will be higher than expected.
Handset and infrastructure vendors
–Goldman Sachs raised its price target on Research In Motion Ltd. to $295 from after raising the company’s subscriber estimates on strong store checks.
Other
–Credit Suisse First Boston initiated coverage on Texas Instruments Inc. with an outperform rating and a $43 price target.
–Credit Suisse First Boston initiated coverage on Analog Devices with a neutral rating and a $37 price target.
Financial ratings wrap-up: Clearwire, Leap, Research In Motion and more
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