The Stocks Wall Street Is Watching
The following stocks may be
impacted due to significant news as noted:
Software giant Microsoft
(
MSFT |
Quote |
Chart |
News |
PowerRating) beat
its fiscal first quarter estimate by $0.07 with profits of $0.50 per share.
Also in the software business, PeopleSoft
(
PSFT |
Quote |
Chart |
News |
PowerRating)
has been upgraded by WR Hambrecht to “buy” from “hold” with a price target of
$20.
Biotech firm Biogen
(
BGEN |
Quote |
Chart |
News |
PowerRating) beat its
third quarter earnings estimates by $0.02 with profits of $0.37 per share.
Online retailer eBay
(
EBAY |
Quote |
Chart |
News |
PowerRating) lowered
its earnings forecast for 2003 with earnings per share expected to be between
$1.12 and $1.15.
Conglomerate Textron
(
TXT |
Quote |
Chart |
News |
PowerRating) has been
upgraded by Morgan Stanley to “overweight” from “equal weight” based on
valuation.