In a report titled Ford: The Worst Appears Over, Officially Lowering Estimates,
cut its third-quarter and fourth-quarter estimates on
by a penny each. The firm, which maintained its buy ratings and $46 price target on the stock, believes that although Ford still has liability issues, "it appears that the tread separation issue is becoming more attributable to Firestone."
: fiscal 2001 estimates UP to $3.10 a share from $2.90; fiscal 2002 UP to $3.20 a share from $3.05 at
: DOWN to buy from strong buy at
Credit Suisse First Boston
: fiscal 2000 DOWN to $1.50 a share from $1.55; fiscal 2001 UP to $1.80 from $1.65 at
Donaldson Lufkin & Jenrette
: DOWN to market outperformer at Goldman Sachs; fiscal 2000 estimates DOWN to a $5.45 loss from $5.07 loss.
Checkpoint Software Technologies
: NEW intermediate accumulate, long-term buy rating; price target of $175.
: NEW buy at
Banc of America
DLJ rolled out coverage of several managed care companies:
- Sierra Health Services (SIE) : underperform.
Wellpoint Health Networks (WLP) : buy.
Cigna (CI) - Get Report: buy.
Coventry Healthcare (CVTY) : buy.
Foundation Healthcare (FHS) : buy.
Humana (HUM) - Get Report: market perform.
MidAtlantic Med Service (MME) : market perform.
Pacificare Health (MME) : underperform.
Oxford Health Plan (OXHP) : buy.
United Health Group (UNH) - Get Report: market perform.
RightChoice (RIT) : market perform.
Trigon Healthcare (TGH) - Get Report: market perform.
raised its ratings and price targets on several medical and drug suppliers: