By: Benzinga
UPDATE: J.P. Morgan Downgrades NTELOS Holdings Corp. to Neutral, Lowers PT
In a report published Wednesday, J.P. Morgan & Co. downgraded its rating on NTELOS Holdings Corp. (NASDAQ: NTLS ) from Overweight to Neutral, and lowered its price target from $20.00 to $10.00. J.P. Morgan noted, “We believe that Sprint and nTelos are both better off negotiating a deal than seeing
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