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Technology Stocks : Eastman Kodak Company (NYSE: KODK) -- Ignore unavailable to you. Want to Upgrade?


To: Done, gone. who wrote (226)9/29/2005 6:51:51 PM
From: Done, gone.  Read Replies (1) | Respond to of 484
 
S&P Keeps Sell on Eastman Kodak

Eastman Kodak (EK ) : Reiterates 2 STARS (sell) Opinion
Analyst: Richard Stice, CFA

At an analyst meeting today, Kodak provided an update on its financial targets and restructuring efforts. It says that digital segment earnings growth is likely to be below its 2005 plan, although it still sees an increase of more than 300% from a year earlier. While we acknowledge Eastman Kodak's progress within the digital space, we believe competition will be much more intense than in the traditional film market. Combined with our ongoing concerns about management's forecasting ability, we advise investors to place funds elsewhere. Our 12-month target price remains $23.

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