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

Salomon SB Raises Rating on Kodak Shares

Salomon Smith Barney upgraded its investment rating on shares of Eastman Kodak (EK) to outperform from neutral.

Analyst Jonathan Rosenzweig says that after a sharp downturn late last year -- attributable to weakening travel and a general slowdown in the economy -- feedback from retail survey and other channel checks indicates that Kodak's performance has stabilized, with optimism toward its peak spring selling season improving. Rosenzweig thinks the propensity will be for more positive news flow and in-line or better EPS over the near term. With sentiment toward Kodak shares still decidedly negative, and the stock 37% off its 52-week high, Rosenzweig thinks any such shift in news flow, combined with the stock's already attractive 5.8% dividend yield, could drive a modest recovery in the shares over the next six months.

blog comments powered by Disqus