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

First Albany Upgrades Callwave

First Albany upgrades Callwave Inc. (CALL) to strong buy from buy.

Analyst Frank Marsala thinks the stock's share price has been sliding lately, due to concerns about the company's upcoming lock-up expiration.

He believes a high proportion (about 75%) of shares are held by individuals are in for the long haul. Therefore, he thinks there is a low probability those shares will be sold at that time, especially at the current price.

This leaves about 2 million shares that would have a higher probability of being sold, although he doesn't think the current share price is particularly compelling. He thinks the sell-off created an attractive entry point with little downside risk. Marsala has a $12.50 target.

blog comments powered by Disqus