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Technology Stocks : Firearm Training Systems (FATS)

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To: stock talk who wrote (65)11/19/1997 10:38:00 PM
From: Neil_L   of 115
 
Couldn't find a link but heres a copy of the upgrade.

Firearms Training: Loewenbaum FY98 Net View 32c/Shr

NEW YORK (Dow Jones)--Loewenbaum & Co. initiated coverage of Firearms Training Systems Inc. (FATS) with a strong buy rating for both the short-and long-term.

In a research note, the firm estimated Firearms Training Systems will earn 32 cents a share in fiscal 1998 and 45 cents a share in fiscal 1999. The company's fiscal year ends in March.

Loewenbaum set a 12-month share price target of 9. Shares of Firearms Training Systems were recently trading at 6, up 1/16, but well below the 52-week high of 16 1/4 set March 11.

"Dow Jones News Service"
"Copyright(c) 1997, Dow Jones & Company, Inc."
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