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

CSFB Ups Business Objects to 'Outperform'

Credit Suisse First Boston upgraded Business Objects (BOBJ) to outperfrom from neutral.

Analyst Bernd Volkel says he thinks business software maker is close to the inflection point that should lead to revenue acceleration and margin expansion. He thinks the second quarter should be an inflection point for Business Objects, as it has embarked on an ambitious product launch program. Voklel says Business Objects should also see margins increase as it sells more products at a higher average selling price through the same channel.

Volkel says the company is in one of the few hot spots in technology, and sees 11% 2003 revenue growth, at the top end of the sector. He thinks the company low-balled its guidance, and he feels that the competitive threat from Microsoft is overstated. He raised his $20 target to $22.

blog comments powered by Disqus