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UBS price target from 100 to 22
von remmos00 12.07.01 - 18:23

I noticed UBS Warburg lowering target from 100 to 22 recently.
Aside from fact, it made me laugh about their professionalism in the first place,
it nevertheless causes a slight concern,
as they may see limited recovery potential. ?
What is yr interpretation of cause for
such a gramatic shift in opinion ?


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UBS price target from 100 to 22
von Marc Silver (CFO Articon-Integralis) 12.07.01 - 18:53

All analysts are forced to adjust estimates in light of a number of factors; for example, the state of the IT industry in general, profit warnings from suppliers and customers, the position of the Neuer Markt and so on. It is difficult to comment specifically on the UBS position, but clearly there has been a downturn in the IT market since the start of the year, when the UBS recommendation of €100 was made.

I`m sorry that I cannot be more specific.

Mfg

Mark silver
 
aus der Diskussion: Gleich beginnt der Chat mit Articon
Autor (Datum des Eintrages): printmedien  (12.07.01 18:53:39)
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