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Technology Stocks : Varian Semiconductor Equipment Associates -- VSEA -- Ignore unavailable to you. Want to Upgrade?


To: Proud_Infidel who wrote (1627)1/6/2004 9:13:08 AM
From: Proud_Infidel  Read Replies (1) | Respond to of 1929
 
Wow, Lehman has some foresight! How do they do it?

7:13AM VSEA upgraded at Lehman 46.08: Lehman upgrades Varian Semi to Overweight from Equal-Weight and raises their target to $58 from $48; firm believes that a capacity-driven capex recovery in the near-term should drive demand for VSEA`s products higher, which should result in positive revisions to consensus FY04 EPS ests; in the intermediate-term, VSEA`s differentiated product strategy should lead to share gains.