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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Secret_Agent_Man who wrote (275325)1/27/2004 4:25:46 PM
From: MythMan  Read Replies (2) of 436258
 
>>Shares of May (MAY: news, chart, profile) peaked at a fresh 52-week high of $33.98, up 37 cents, or 1.1 percent, after Credit Suisse First Boston analyst Michael Exstein raised the department-store retailer's rating to "neutral."

In a note to clients, Exstein said he sees May as an outperformer among the second tier of department-store retailers. Also, he thinks May's growing bridal group "remains an overlooked part of the business and offers some cushion on the downside.

"The Street has not begun to appreciate that fact," he said, referring to investors on Wall Street. His 12-month price target on the stock is $30.<<

what am I missing with this bogus upgrade?
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