Clearwire Corporation’s (CLWR) Fourth-Quarter Preview

Analyst Michael Nelson at Soleil Securities has released a report previewing the fourth-quarter at Clearwire Corporation (NASDAQ: CLWR). The company will report results for the fourth-quarter tomorrow.

Soleil expects the company to report solid results for the fourth-quarter. According to Soleil, the company should report solid top-line results, with churn rate of 3.13%, and ARPU of $40.

Soleil Securities continues to rate Clearwire Corporation as a Buy, and expect the company’s stock to react favorably to an anticipated acceleration in subscriber growth as the company benefits from its expanded footprints, and contributions from its wholesale partners.

Soleil Securities has set a price target of $8 for the company’s stock.