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

Baird Downgrades Stewart & Stevenson

Baird downgrades Stewart & Stevenson Services (SVC) to neutral from outperform.

Analyst George Gaspar says the stock has appreciated 61% since bottoming on Mar. 16 at $12.46 amid a major restructuring in each of the company's segments outside Tactical Vehicle Systems (TVS). He believes many of these restructuring programs look to be successfully in place and on track to execution.

However, he believes the current stock price largely discounts this notable operation turnaround without a more discernible position on the Tactical Vehicle Systems (TVS) FMTV-3 contract operating margin view. Gaspar cut his $1.05 fiscal 2006 (ending January) estimate to 94 cents.

blog comments powered by Disqus