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Banc of America upgrades Ariba

NEW YORK, Jan 26 (Reuters) - Banc of America said Wednesday
it upgraded its investment opinion on shares of software
company Ariba Inc. to a strong buy rating from buy.
-- Banc of America analyst Bob Austrian kept his price
target at $225 per share of Ariba, the No. 1 maker of software
that lets businesses buy supplies over the Internet.
-- Austrian said his upgrade was based on underlying
momentum in the electronic-procurement and business-to-business
e-commerce sector.
-- Ariba shares traded up 1-1/2 at 179-7/16 on Wednesday,
off a high of 211 but well up from a low of 30-1/2.
 
aus der Diskussion: Ariba von Buy auf Strong Buy hochgestuft !!!
Autor (Datum des Eintrages): reality  (27.01.00 10:05:35)
Beitrag: 1 von 2 (ID:393306)
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