Anyone know why the Rueters news is so vague compared to the news we're seeing here. Rueters doesn't include any targets, Salomon Smith Barney and Wit don't show up at all. If the underwriters are going to support the stock shouldn't they make certain they do it in the proper format. The world isn't getting the info we are privy to.
Jonathon, are these guys are dropping the ball. I ask you, what looks better, two coverages initated at outperform and accumulate, or those two plus two buy rankings and targets from $25 to $35. Will they come back in the next couple of days to reiterate with the targets and rankings???
CNBC
BNBN is initiated by Salomon Smith Barney with a buy. Close 18 +2. Target $25. Merrill sets 12-18 month target at $30.
Bloomberg News
June 21, 1999, 4:53 a.m. PT
Princeton, New Jersey, June 21 (Bloomberg Data) -- Barnesandnoble.com
Inc. (BNBN US) was rated near-term ''accumulate'' in new coverage by analyst Henry Blodget at Merrill Lynch & Co. The 12-month target price is $30.00 per share. The long-term rating is ''buy.''
Bloomberg News
June 21, 1999, 4:52 a.m. PT
Princeton, New Jersey, June 21 (Bloomberg Data) -- Barnesandnoble.com
Inc. (BNBN US) was rated ''buy'' in new coverage by analyst Ryan Alexander at Wit Capital Corporation. |
