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

Prudential Ups US Airways Group to Overweight

Prudential upgraded US Airways Group (LCC) to overweight from neutral, after the company posted quarterly results.

Analyst Bob McAdoo raised his $1.73 first quarter loss estimate to 10 cents earnings per share (EPS,) and his 73 cents 2006 EPS to $6.45 EPS (excluding merger costs.) He now sees costs at the low end of newly provided guidance. He does not think other analysts have properly considered this guidance, or the company's three straight months of 20%+ revenue per available seat mile growth. He had formerly been concerned about integration issues of the combined America West/US Airways company, but he is surprised by the lack of related problems over the past seven months. Recent insider buying adds a degree of confidence in his positive outlook for the company. He raises his $40 stock price target to $48.

blog comments powered by Disqus