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

Legg Mason Upgrades

Legg Mason upgrades online retailer AMZN to buy from hold.

Analyst Scott DeVitt says he thinks is the online marketplace for inline retail. He says he might be early with the recommendation, however, at current levels, he would advise long-term-oriented investors to acquire shares opportunistically.

He notes has missed "Street" expectations for four quarters consecutively, as shares have declined 13%, 12%, 15%, and 3%, respectively. He believes the trend of declines has relevance and issues behind the decline are being resolved.

DeVitt sees 67 cents 2005 earnings per share, and 87 cents 2006 earnings per share. He has a $42 target.

blog comments powered by Disqus