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Technology Stocks : ITURF Inc. ( NASDAQ:TURF )

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To: Jan Garrity Allen who wrote (271)5/5/1999 9:06:00 PM
From: Mohan Marette  Read Replies (2) of 614
 
J.P.Morgan's target price for iTurf = $60.00

ITURF (TURF): On May 4 J.P. Morgan Securities initiated coverage of Internet portal for 10-to-24-year-olds ITURF with a BUY rating and a price target of $60. The brokerage said that as the first company to service that segment of the market, ITURF is uniquely positioned and is expected to benefit from the influx of teenagers online. The brokerage forecast a loss of $0.10 per share for 1Q00. There were two reports about ITURF in the Multex.com database last week. – DT

multex.com
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