(EMAILWIRE.COM, September 01, 2010 )
Dallas, Tx - Sprint Nextel Corporation (NYSE:S) was among the notable bluechip stock movers and jumped 4.10% to $4.06 following a decline of about 6% during the last week.

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The median Wall Street price target on the stock is $5.50 and the high target is set at $8 with majority of analysts have a Strong Buy rating on the company’s stock. The stock has the 50- Day Moving Average and 200-Day Moving Average prices of $4.48 and $4.20 respectively.

Sprint Nextel Corporation (Sprint) is a holding company that offers a range of wireless and wireline communications products and services for individual consumers, businesses, government subscribers and resellers.

AT&T Inc. (NYSE:T) rose 1.50% to $27.03. So far this year, the stock has fallen over 4%.

The median Wall Street price target on the stock is $30 and the high target is set at $34 with majority of analysts have a Hold rating on the company’s stock. The stock has the 50- Day Moving Average and 200-Day Moving Average prices of $26.19 and $25.64 respectively.

AT&T Inc. (AT&T) provides telecommunications services in the United States and the world. It offers services and products to consumers in the United States and services and products to businesses and other providers of telecommunications services worldwide.

Amazon.com, Inc. (NASDAQ:AMZN) jumped 0.84% to $124.83 after The Wall Street Journal is reporting that Amazon.com (NASDAQ: AMZN) is looking to develop a service that gives subscribers unlimited viewing (via internet) of certain television shows and movies for a flat rate.

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According to the WSJ, “The Seattle retailer has in recent weeks and months proposed a Web-based subscription service to several major media companies, including General Electric Co.'s (NYSE: GE) NBC Universal, Time Warner Inc. (NYSE: TWX) and Viacom Inc. (NYSE: VIA.B), among others, according to people with knowledge of the proposal.”

Netflix, Inc. (NASDAQ:NFLX) climbed 1.97% to $125.52. There is an unconfirmed rumor that Apple Inc. (NASDAQ: AAPL) is planning to offer Netflix's streaming service (NASDAQ: NFLX) on Apple's new TV product.
Netflix, Inc. is a subscription service streaming movies and television episodes over the Internet and sending digital versatile discs (DVDs) by mail to more than 12 million subscribers.

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