Credit Suisse First Boston lifted Applied Materials' (AMAT) - Get Report EPS views and urged an aggressive buy based on weakness. Bear Stearns analyst Robert Maire said he continued to recommend the stock as a buy and reiterated a 12-month target of 135. Bear Stearns boosted 2000 EPS estimates to $2.37 from $2.20 and 2001 EPS views to $3.47 from $3.
lifted the stock's EPS view to $3.55 from $2.75.
Donaldson Lufkin & Jenrette
said it would be an aggressive buyer of shares and sees the stock rising 25% to 45% over the next three to four months.
Today, DLJ reiterated coverage for:
at buy with a price target of 140. DLJ said it believes Microsoft "should win on appeal" in its U.S. antitrust litigation.
Air Products & Chemicals
: NEW buy at
; price target: 45.
: earnings and revenue estimates UP at First Boston.
: DOWN to outperform from buy at
UP to buy from market perform at
Deutsche Banc Alex. Brown
: UP to buy from long-term attractive; near-term price target: 34; 12-month target: 45-50 at
: NEW buy rating at CSFB; price target: 40.
: NEW price target of 50 at CSFB.
CSFB analyst Michael Exstein rated
a buy. The stock was added to the firm's focus list.
: NEW buy; price target 28 at CSFB.
ABN Amro downgraded its recommended stance on the UK and European telecommunications sector, to underweight from in line. ABN cut its three-month rating on
to hold from buy, while reiterating a cautious view on companies including
The bank retained a more positive stance on companies including
Cable & Wireless