SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Johnny Canuck who wrote (40872)3/29/2004 9:59:39 AM
From: Johnny Canuck  Read Replies (1) | Respond to of 70330
 
06:49 GE General Electric raised to to Buy 1 from Buy 2 at UBS (30.10 )

UBS upgrades General Electric to Buy 1 from Buy 2 to reflect a reduced level of uncertainty surrounding share issuances for GE's "portfolio transformation" transactions. With the share issuance for the Vivendi deal complete and the pricing window for the Amersham deal underway, the firm believes there is now less uncertainty surrounding the impact of share issuances. Price target remains at $39.

06:41 INTC Intel estimates trimmed at Lehman (27.38 )

Lehman fine tunes Q2 revs down 2.5% sequentially from previous est of down 2%. The firm now assuming flat gross margins in Q2 at 60% vs up slightly modeled previously. As such the firms ests for Q2 EPS move to $0.25 from $0.26, CY04 EPS est moves to $1.16 from $1.17 and CY05 remains $1.37 (Reuters consensus ests. $0.27, $1.23, $1.45). Analyst retains Overweight rating and target price at $35