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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject5/3/2001 10:04:30 AM
From: besttrader   of 37746
 
Pharm Product (PPDI) 56.39 +1.74: Bear Stearns initiates coverage with a BUY rating and a 12-month price target of $66, as firm believes PPDI will continue to benefit from positive outsourcing trends within the pharmaceutical industry's R&D process, driving sustainable long-term revenue growth of more than 15% annually; expects operating margins to expand from 2000 levels of 12.6%, primarily due to a unique and increasing mix of value-added discovery services.
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