Cendant Corporation (NYSE:CD) Message Board

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Non-Tech : Cendant Corporation (NYSE:CD)

CD 8.980

-7.3%

Nov 26 3:59 PM EST

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To: VALUESPEC who wrote (2778)	12/10/1998 10:00:00 AM
From: Roy F	Read Replies (1) of 3627

RESEARCH ALERT-Cendant rating, target raised December 10, 1998 09:35 AM NEW YORK, Dec 10 (Reuters) - Piper Jaffray said Thursday analyst Rob Nicoski raised his rating and price target on Cendant Corp after the company's meeting with analysts on Wednesday. -- Rating raised to buy from neutral, target price raised to $26 a share from $18. -- Said rating increase reflects improved confidence in earnings outlook for Cendant. -- Shares off 1/16 at 20-5/16 in early activity. ((-- Wall Street desk, 212-859-1730)) REUTERS

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