SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : AWARE
AWRE 2.110-1.9%Dec 12 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: StockDon who wrote (2351)2/13/2002 1:32:57 PM
From: Paul Lee   of 2404
 
Stephens boosts rating on Aware (AWRE)

By Michael Baron, CBS MarketWatch.com
Last Update: 1:30 PM ET Feb 13, 2002

Stephens Inc. has raised its rating on shares of Aware to "outperform" from "neutral" and set a 12-month price target of $20. The firm said it "strongly" suspects that there could be considerable upside to its current financial forecast for the company. Among the possible catalysts for growth, according to Stephens, is that Aware's software will be contained in equipment recently selected for deployment by Chungwha Telecom, Taiwan's largest phone company. In addition, the firm said that if Aware customer Intel (INTC) aggressively enters the ADSL market this year and the next, Aware could earn as much as 50 cents a share in 2003. Stephens said its price target is based on the assumption of potential business from Intel. Aware shares are up 64 cents, or 10.1 percent, to $6.95. The company reported in-line results for the fourth quarter after Tuesday's closing bell.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext