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

Markets & Finance

Needham Boosts Metro One to 'Buy'

Needham upgraded Metro One (MTON) to buy from hold.

Analyst Rich Valera is upgrading on price weakness, but says there's no evident change in fundamentals. He notes the stock is down about 30% over the last two days, likely due to a negative report issued by an independent research firm. While he believes the report may have raised some valid issues regarding the likelihood of slowing revenue growth at the company, he says these issues largely are familiar to him, and were considered in his recent downgrade of the company at higher levels.

Valera still sees $0.30 Q3 EPS on $63M revenues and $1.15 2001 EPS on $240M revenues. He set a $35 target.

blog comments powered by Disqus