Another analyst sees brighter outlook for Clearwire

Clearwire's stock received a boost thanks to a note from Wells Fargo analyst Jennifer Fritzsche. "While we admittedly struggle with valuation, we believe the general news flow surrounding 4G initiatives will bode well for CLWR shares," she wrote. "With completion of the capital raise in November, a significant overhang on the CLWR shares has been removed. Although we are not adjusting our estimates at this time, we believe management will offer more disclosure as to the drivers of the model over the coming quarters, which should give additional color as to the tangible market opportunity ahead of it." Article


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