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Technology Stocks : Jimbo's Playhouse/CPQ

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To: Paul Senior who wrote (12070)4/25/2007 10:53:41 AM
From: Jimbo Cobb   of 12662
 
Battling ANALysts...

KeyBanc's Lynne Collier in a client note lifted her rating to "Buy" from "Hold" and set a $32 target price, saying the company's same-store sales have improved despite inclement weather.

Prudential Equity Group LLC analyst Howard W. Penney was less impressed, and reiterated an "Underperform" rating and $21 target price on the stock.
He noted that the results were partially driven by menu price increases, which the company might not be able to rely on in the future.
"Even though slightly positive, same-store sales indicate to us that the company is not immune from the same negative traffic trends plaguing the rest of the casual dining industry," wrote Penney.
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