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Technology Stocks : Comdisco, Inc. (NYSE: CDO)

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To: Manzanillo who wrote (319)12/23/1999 9:15:00 PM
From: Silver Knife  Read Replies (1) of 689
 
December 23, 1999 10:06

Salomon Raises Comdisco Target $12 To $52, Reiterates Buy (CDO)

(NewsTraders.com)-- Comdisco Inc. (CDO), a provider of technology planning and asset management services, today had its price target increased to $52 from $40 by Salomon Smith Barney, according to a source at the brokerage house.

Salomon continues to rate shares of the Rosemont, Ill.-based company at "buy."

Further information wasn't readily available.

Separately, U.S. Bancorp Piper Jaffray today hiked his price objective on Comdisco shares to the $45-to-$50 range, while reiterated a "strong buy" rating, as reported by NewsTraders.

Yesterday after market close Comdisco said that first-quarter earnings would top analysts' forecasts. The company also announced that it plans to create a tracking stock for its Comdisco Ventures unit.

Condisco shares recently traded down $1.06 at $38.94.

Copyright 1999 NewsTraders Inc. All Rights Reserved 11:54 Thursday, December 23, 1999
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