Stock Attack II - A Complete Analysis Message Board

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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: Chris who wrote (33098)	3/26/2002 4:41:20 AM
From: Chris	Read Replies (2) of 52237

important post.. save for archives.. my recent trade on KO (sold on monday), I acutally used some FA! As I was in the trade, I went to yhoo to look at where the price targets were.. biz.yahoo.com (under moving advertisment box) Interesting enough, CSFB had a price tgt of $50.. well, as of this weekend, KO was at $50.. So I figure, CSFB will try to look "smart" and move that tgt price or upgrade that stock... (this reasoning was done on the weekend) ------- Well, monday morning, I see this: 08:32 ET Coca-Cola upgraded by CSFB (KO) 51.25: CSFB upgrades to BUY from Hold with a $60 target; cites belief that restructuring of global operations leaves upside to firm's FY02 and FY03 EPS estimates of $1.78 and $1.96. JP Morgan, however, says that KO is very pricey and is concerned about trends over the next few quarters; prefers PEP and BUD to KO. Both firms see KO providing global volume growth guidance of 4.5-5.0% tomorrow. Used this pop to sell into strength. ---------------- Luck? Yes. But maybe I'm on to something where I'm using the FA price targets to get a feel of where the "fundamentalists/analysts" have as 12 month fair value, to use to my advantage.. Again, just sharing this story out there, to get feedback..

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