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Technology Stocks : Altera
ALTR 53.61+1.3%Jul 7 5:00 PM EST
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To: Proud_Infidel who wrote (2325)4/26/2005 7:01:21 AM
From: Gaffer  Read Replies (3) of 2389
 
MarketWatch
Market Pulse: Altera upped at UBS on valuation
Tuesday April 26, 6:42 am ET
By Aude Lagorce

LONDON (MarketWatch) -- UBS upgraded chipmaker Altera Corp. to buy from hold, citing solid underlying fundamentals and valuation. The broker told clients it believes that with the recent pullback in the broader markets, Altera is a good buying opportunity with 30% upside potential to its target price of $25.
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