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Technology Stocks : PRI Automation (PRIA) -- Ignore unavailable to you. Want to Upgrade?


To: Proud_Infidel who wrote (865)1/10/2000 3:04:00 PM
From: BMcV  Read Replies (2) | Respond to of 1214
 
Here's the full article:

RESEARCH ALERT - PRI share target raised

NEW YORK, Jan 10 (Reuters) - Morgan Stanley Dean Witter said Monday
it is raising its price target on PRI Automation Inc., which makes factory automation and related software, to $75 from $65.

-- Morgan Stanly said its earnings per share estimate is unchanged for now.

-- Morgan Stanley said PRI will report earnings on Jan. 27 and the brokerage anticipates that a likely positive surprise in earnings and strong bookings should drive earnings estimates higher.

-- Shares of PRI rose 4-1/2 on the Nasdaq to 65-5/8 in the late morning.