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Technology Stocks : Asyst Technologies (ASYT) Good Value/Where is the Bottom?
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To: Proud_Infidel who wrote (2272)2/1/2006 10:31:53 AM
From: sixty2nds  Read Replies (1) of 2313
 
07:43 ASYT Asyst tgt upped to $9.25 at BofA (7.16 )

Banc of America raises their ASYT tgt to $9.25 from $6.60 following Q3 results that were at low end of guidance but pro forma EPS was higher than their estimate and much higher than Street consensus. They believe current Street estimates will prove to be conservative as the stock has not yet discounted the stronger than expected margin structure of ASYT's model.
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