Citigroup Adjusted Its 2011, 2012 EPS Estimates For Leap Wireless

Published on Fri, 07/08/2011 - 13:48
By FNNO Staff in General Interest, business, finance, investing, leap, leap wireless, stock, trading, Analyst Insight
business, finance, investing, leap, leap wireless, stock, trading

Citigroup adjusted its 2011 and 2012 EPS estimates for Leap Wireless International (NASDAQ:LEAP) and maintained its buy rating and $19 price target.

The bank sees a 2011 loss of $2.53 per share, wider than its previous estimate for a loss of $2.20 per share, and a 2012 loss of $0.16 per share, narrower than its previous estimate for a loss of $0.17 per share.

Leap Wireless International has a potential upside of 5.1% based on a current price of $15.97 and an average consensus analyst price target of $16.79.

By FNNO Staff
fnnonline@gmail.com

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