After a strong earnings release yesterday, eBay's (ebay) - Get Report benefited from positive comments from analysts this morning. Goldman Sachs raised its earnings estimates on the company to 21 cents a share from 19 cents a share for 2000, and to 36 cents a share from 35 cents for 2001. Lehman Brothers maintained a buy on the company, and raised its 2000 earnings estimate to 22 cents a share from 19 cents a share. eBay is the only e-commerce company Lehman currently rates as a buy due to its "superior business model and impressive growth prospects."
Deutsche Banc Alex. Brown
to market perform from buy after the announcement that the company is in merger discussions with
raised fiscal 2000 earnings estimates to $1.47 from $1.36 and 2001 estimates to $2.57 from $2.00. The company reported earnings Thursday.
raised estimates to $1.51 from $1.36 for 2000, and to $2.51 from $1.97 for 2001.
Credit Suisse First Boston
raised fourth-quarter estimates to 49 cents a share from 44 cents, and 2001 estimates to $2.50 from $2.
: UP to strong buy from buy at
Chase Hambrecht & Quist
: Goldman Sachs upped 2000 earnings per share estimates to $3.07 from $3.06, but lowered 2001 estimates to $3.40 from $3.52, and lowered its price target to $90 from $95.
: price target UP to $60 from $48 at CSFB; fiscal 2002 estimates to $1.27 from $1.22.
: UP to attractive from neutral at
: price target UP to $104 from $73; fiscal 2001 earnings estimate to 72 cents a share from 47 cents; fiscal 2002 to 96 cents a share from 60 cents a share at CSFB.
Newport News Shipbuilding
: price target UP to $52 from $43 at CSFB; raised 2000 earnings per share estimate to $2.70 from $2.64; 2001 estimates to $3 from $2.92.
: UP to buy from hold at Credit Suisse First Boston.
: DOWN to neutral from attractive at PaineWebber.
: DOWN to hold from strong buy at
after the company dumped its CEO.
: NEW buy at PaineWebber; price target: $100.