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

Lazard Freres Ups Hotel Reservations to 'Buy'

Lazard Freres upgraded Hotel Reservations (ROOM) to buy from hold.

Analyst James Winchester upgraded on positive guidance. He says the best possible scenario for the company that provides discount hotel accommodations is the recession, thus the company is holding its own. While in the midst of a tough lodging environment, Winchester says the hotel discount business is the only piece of the lodging pie showing an upward trend. He sees EPS growth accelerating over the next couple of years and sees $1.85 EPS for 2003. Winchester raised his $45 target to $64.

blog comments powered by Disqus