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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?


To: Henry Niman who wrote (81703)4/26/2000 8:12:00 AM
From: marquis103  Read Replies (1) | Respond to of 97611
 
Merrill Upgrade. From Briefing.com Russ

Compaq (CPQ) 30 1/4 : Merrill Lynch upgrades to NT ACCUM from NT NEUTRAL with a price target of $36 based on improved second half outlook and new business wins. Merrill says they believe the Street may have to come down to their Q2 EPS estimate of $0.21 (vs consensus of $0.23) based upon more of the sales and profits being skewed toward the second half of the year.