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Technology Stocks : PSFT - 1999: The "Make-It-or-Break-It" Year? -- Ignore unavailable to you. Want to Upgrade?

To: SemiBull who wrote (1261)	10/1/2003 8:08:20 PM
From: SemiBull	Read Replies (1) \| Respond to of 1274

9:17AM PeopleSoft upped to Buy at Wedbush Morgan, $26 target (PSFT) 18.27: Wedbush Morgan is upgrading PeopleSoft from Hold to Buy, adding it to the Focus List, and establishing a 12-month price target of $26. The upgrade is based on a number of factors: anticipated revenue synergies with J.D. Edwards, positive channel feedback, product momentum, and a very attractive valuation. The firm believes that Oracle's bid has re-energized PeopleSoft, forcing a much more shareholder-friendly orientation and mitigating near-term risk. finance.yahoo.com