UPDATE: BMO Capital Markets Upgrades Leap Wireless Following AT&T Deal Announcement
July 15, 2013 at 11:15 AM EDT
In a report published Monday, BMO Capital Markets analyst Kevin Manning upgraded Leap Wireless (NASDAQ: LEAP ) from Underperform to Market Perform, and raised the price target from $3.00 to $15.00. In the report, BMO Capital Markets noted, “We believe AT&T is overpaying for Leap's spectrum. We are surprised at AT&T's
