Analyst Actions
Return to Article

Analyst Actions: Alex. Brown Starts P&G, Gillette, Others

TSC Staff

03/14/00 - 09:29 AM EST
Deutsche Banc Alex. Brown initiated coverage of several companies in the consumer products arena:

Chase H&Q started coverage of ASE Test (ASTSF Quote - Cramer on ASTSF - Stock Picks) with a buy rating and a price target of 60.

J.P. Morgan started coverage of Avista (AVA Quote - Cramer on AVA - Stock Picks) with a buy rating.

Warburg Dillon Read initiated coverage of Bausch & Lomb (BOL Quote - Cramer on BOL - Stock Picks) at buy and set a price target of 75.

Credit Suisse First Boston reinstated Conexant Systems (CNXT Quote - Cramer on CNXT - Stock Picks) with a strong buy rating and a 12-month target of 140.

CSFB raised its 2000 earnings estimates on Credence Systems (CMOS Quote - Cramer on CMOS - Stock Picks) to $3.60 from $3.35. The 12-month price target was raised to 170 from 90.

Lehman Brothers said it cut Great Atlantic & Pacific Tea (GAP Quote - Cramer on GAP - Stock Picks) to neutral from buy.

CSFB raised Radio One (ROIA Quote - Cramer on ROIA - Stock Picks) to strong buy from buy, and boosted its 12-month price target to 105 from 80.

Donaldson Lufkin & Jenrette upgraded Solectron (SLR Quote - Cramer on SLR - Stock Picks) to top pick from buy.