ANALYST WATCH (GSPN $13.05) - With Morgan Stanley's target of $35, (I know, silly) this will be an interesting one to watch the next couple days. It is right at the lower Bollinger band on the 10-day chart. If it holds, the next test is at $14.50. Comcast and AT&T's merger tonight may help the whole sector, too.
PS- Maverick.com also rated it "positive" recently and they've been pretty accurate lately.
siliconinvestor.com
For me this is also one of many tests to see if analysts are being listened to again (at least on the better quality companies like SEBL, SCHL and GBSN. Even if no one believes their often silly targets, at least I'll be watching to see if their STRONG BUYS actually go up...lol!
Why do I have hope? Well, the analyst that receommended SEBL helped push that several points higher this week, so it's worth watching - especially since it was on my BUY WATCH list. I also like GSPN here, too, and certainly didn't buy it because of MS's comments but I'm hoping it may give it a little boost.
MORGAN STANLEY (+)
GSPN reit strong buy, pt: 35t, (GLOBESPAN VIRA)
R reit outperform, lower #s, pt: 25t, (RYDER SYSTEM)
GE pos. comments, dinner was neutral to positive for the stock (GENERAL ELECTRIC)
NKE pos. comments, mixed comments; not a trade up or down heading into the Q (NIKE)
PAPERS pos. comments, Favorite Names: BCC and DTC
RAILROADS pos. comments, raise #s, new early retirement legislation
BJ pos. comments, (BJS WHOLESALE) |
