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

CS First Boston Starts Gillette with Underperform

CS First Boston initiated coverage of Gillette (G) with underperform.

Analyst Lauren Lieberman says she's setting a $38 12-month price target. She thinks Gillette owns the consumer sector's best brand franchise, and says management is executing well on its strategic plan. But she thinks the company's turnaround and growth prospects are more than reflected in the current share price.

Lieberman says by her estimates, investors expect the company's blade and razor division to produce industry-leading 12% operating profit growth over the next three to five years -- above her expectations for 11% intermediate-term growth. She notes that the often discussed battery unit accounts for only 7% of share value, according to her analysis.

blog comments powered by Disqus