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Non-Tech : Le coin des francophones

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To: AriKirA who started this subject7/5/2001 11:36:43 AM
From: faro  Read Replies (1) of 77509
 
$90 tgt price for a $20 stock?
11:19 ET FreeMarkets (FMKT) 22.10 +0.83 ( +3.9%): Ticking up in reaction to extremely favorable note issued this morning by Wedbush Morgan. First, firm moving FMKT from an industry label of B2B e-commerce to a new category called "Saving companies money." Believes that FMKT is finally breaking away from inclusion in a B2B group that most investors treat as a repository of short ideas. Summarizes FMKT's message as "We'll help you source $100 mln of products. You pay us $1 mln. We'll save you $10-15 mln." Firm reiterates Strong Buy rating and $90 target price.

Faro
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