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

Oppenheimer Upgrades Parametric Technology

Oppenheimer upgrades product development software company Parametric Technology (PMTC) to buy from neutral and sets an $8 12-month target.

Analyst Sasa Zorovic says the company is benefiting from several factors. He says the company has an integrated product suite, architected it around common platform and database. This enables a seamless transition path for customers from lower-end to higher-end products.

He says globalization and offshoring of design engineering is increasing demand for PLM and CAD products. He notes customer satisfaction is at an all-time high (as reported by management).

Zorovic says the company has doubled its cash position over the last two years and has no debt. He ups his 29 cents fiscal 2005 (ending September) earnings per share estimate to 30 cents and his 31 cents fiscal 2006 earnings per share estimate to 38 cents.

blog comments powered by Disqus