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Technology Stocks : PRI Automation (PRIA)

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To: Proud_Infidel who wrote (865)	1/10/2000 3:04:00 PM
From: BMcV	Read Replies (2) of 1214

Here's the full article: RESEARCH ALERT - PRI share target raised NEW YORK, Jan 10 (Reuters) - Morgan Stanley Dean Witter said Monday it is raising its price target on PRI Automation Inc., which makes factory automation and related software, to $75 from $65. -- Morgan Stanly said its earnings per share estimate is unchanged for now. -- Morgan Stanley said PRI will report earnings on Jan. 27 and the brokerage anticipates that a likely positive surprise in earnings and strong bookings should drive earnings estimates higher. -- Shares of PRI rose 4-1/2 on the Nasdaq to 65-5/8 in the late morning.

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