Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Markets & Finance

J.P. Morgan Downgrades Rational Software

J.P. Morgan downgraded Rational Software (RATL) to market perform from long-term buy.

Analyst Christopher Galvin says the company's $172 million to $176 million Q2 revenue projection compares with his $185 million estimate. The company's $0.07-$0.08 EPS estimate also is lower than his $0.09 estimate.

Galvin thinks the troubling aspect of the company's preannouncement Tuesday stems from a rapid deterioration of business conditions since analyst day in mid-June. Galvin cut his $905 million fiscal 2002 (March) revenue estimate to $840 million, and cut his $0.55 EPS estimate to $0.50.

blog comments powered by Disqus