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

CS First Boston Keeps 'Buy' on JD Edwards

CS First Boston reiterates buy on JD Edwards (JDEC).

Analyst Brent Thill says second quarter results were very strong in an unpredictable, challenging application-spending environment. He notes the company's cost management over the last several quarters was particularly strong. He says the company's execution remains very good, even in extremely difficult markets.

However, Thill notes the company tempered its outlook heading into the third quarter. He sees $0.23 fiscal 2002 EPS, and cut his $0.35 fiscal 2003 estimate to $0.28. Thill thinks the stock is attractive at current levels, even with his tempered outlook; he says lower guidance is already baked into the stock. Thill has a $19 12-month target.

blog comments powered by Disqus