Sprint shares are up 8.4 percent this morning after a buy recommendation from Goldman Sachs. We haven’t seen the report but the move from a neutral rating has impressed traders.
Shares were up 37 cents at .78 last we checked.
If anyone’s keeping score, and Bloomberg News does, Goldman’s buy moves the analyst count to 12 buyers vs. 17 neutrals and four sells.
Of course, given Goldman’s recent press in the mortgage markets, has anyone wondered that if Goldman’s recommending its clients buy Sprint shares that its own trading desk might secretly be shorting the stock?



