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

Adams Harkness Ups PDF Solutions to 'Strong Buy'

Adams Harkness upgraded PDF Solutions (PDFS) to strong buy from market perform.

Analyst Dennis Wassung says he expects IDS Software, which was recently acquired by PDF, to add materially to PDF's business in 2004, offering potential upside to his estimates. He says IDS adds important complementary customers. Wassung expects the industry's improving integrated circuit volumes, and capital spending potential, to drive additional business for PDF -- including higher volume-based revenue in the second half of 2003 through 2004.

Wassung notes potential catalysts include customer announcements and combined company guidance reflecting the addition of IDS. He raised the 32 cents 2004 earnings per share estimate to 35 cents. He also set a 56 cents 2005 earnings per share estimate, and a $14 target.

blog comments powered by Disqus