Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

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.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Markets & Finance

Raymond James Upgrades Micromuse


Raymond James upgrades service assurance software company Micromuse Inc. (MUSE) to strong buy from market perform.

Analyst Mike Latimore says he believes Micromuse is a leader in high-scale service assurance software and the company's end-markets are improving.

He believes Micromuse's visibility will accordingly increase and permit it to expand operating margins given its highly leverageable model. Furthermore, he notes recent acquisition multiples and peer group multiples suggest at least a 35% upside in stock.

Latimore raises his 23 cents fiscal 2006 (ending September) earnings per share estimate to 25 cents and establishes a $7.25 target, 27 times his 27 cents calendar year 2006 earnings per share estimate.


LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus