EDS Opens Up 12% on Winning Military Contracts; CSFB Upgrades - TheStreet

Electronic Data Systems (EDS) was up 11.8% to $45.44 after closing Friday at $40.63 following news that the company had won a record $6.9 billion contract to revamp U.S. Navy and Marine Corps computer systems. Credit Suisse First Boston upgraded EDS stock to long-term buy from hold.