Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (1) | Ignore Thread Prev | Next
Author: tennjed33 Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 1173  
Subject: Analyst Comments Date: 1/21/2005 8:03 AM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
http://snipurl.com/c6oc

The stock got upgraded Thursday by analysts at SunTrust Robinson Humphrey and Adams Harkness.

In a research note, Adams Harkness analyst Steven Frankel said that the company's core business is stable and that new products are likely to drive future earnings higher than current estimates.

"With the recent sell-off in the shares and the reporting of another solid quarter, we believe now is the time to step up and buy the stock," said Frankel, who raised his rating to "strong buy."

At SunTrust, analyst Chris Rowen raised his rating on the stock from "neutral" to "buy," citing the company's growing business and mobile-phone segments, which he predicted could grow together to account for 25 percent of the company's revenue base.

A more bearish outlook came from Keybanc Capital analyst Mark Schappel, who said that the company reported a good quarter and strong revenue targets but that its outlook for operating margins was lower than expected.

"We think the stock could pull back further in the coming months as the new CEO makes his mark and as investors move in and out of the stock in advance of the next release of the MX product family, which we expect to be available later in the summer," said Schappel, who maintained a "hold" rating on Macromedia.

Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (1) | Ignore Thread Prev | Next

Announcements

Pencils of Promise - Back to School Drive
"Pencils of Promise works with communities across the globe to build schools and create programs that provide education opportunities for children."
Post of the Day:
Saul's Investing Discussions

Why Did I Buy a Bunch of PFIE Today?
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement