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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: go_bucks who wrote (57404)1/5/2000 5:04:00 PM
From: Jo Ellen T  Read Replies (1) | Respond to of 108040
 
This is a stupid call from Merrill, the stock was at 24 in mid Dec. They really went out on a limb.

NEW YORK, Jan 5 (Reuters) - Merrill Lynch said Wednesday
that analyst Chris Shilakes raised his long-term rating of AXENT Technologies Inc. to buy from accumulate.
--raised 12-month price target to $23 from $16.
--AXENT common traded up 1/2 to 20 Wednesday morning.
--said improving pipeline and easing comparisons in first half of 2000 could lead to upside surprises
to Street estimates.