Sprint (NYSE:S) Should Outperform Says Deutsche Bank (NYSE:DB)

After being held down because of a couple of uncertainties, Sprint (NYSE:S) seems poised to outperform going forward, according to Deutsche Bank (NYSE:DB).

"In our view, Sprint's share price has remained compressed due to uncertainty regarding (i) the timing and benefits of this anticipated initiative and (ii) Clearwire's funding plan for 2011. With both issues addressed over the last week, we expect the stock to outperform as investors shift their attention to core fundamentals, which remain strong based on our 4Q store checks," said Deutsche.

Deutsche maintains a "Buy" rating on Sprint, which closed Tuesday at $4.21, up $0.04, or 0.96 percent. They have a price target of $7 on them.