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Technology Stocks : Covad Communications - COVD -- Ignore unavailable to you. Want to Upgrade?


To: jhg_in_kc who wrote (257)9/3/1999 3:01:00 PM
From: Platter  Respond to of 10485
 
From Briefing.com Covad Communications (COVD) Deutsche Banc Alex.Brown upgrades Competitive Local Exchange Carrier (CLEC) from 'buy" to "strong buy" and raises target price from $70 to $90. DLJ also reiterating "buy" saying COVD continues to lead industry with its high line counts and central office count, as well as its latest market expansion. Increasing loss per share est for 1999 from $2.70 to 3.13 and 2000 from $3.30 to $5.76 as a result of marketing programs