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DJ MARKET TALK: Citigroup Upgrades EMI To Buy From Hold
10/03/06 - Dow Jones Newswires
0805 GMT [Dow Jones] Citigroup upgrades EMI Group (EMI.LN) to buy from hold and reiterates 310p target. Notes industry release schedule is heavily 2H-weighted and believes EMI could surprise positively. Believes overall 2H release schedule looks strong. Notes industry fundamentals are mixed but says loss of retail floor space and greater product competition are less of a drag than they have been historically. Trades +0.8% at 268p. (KHO)
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(END) Dow Jones Newswires
October 03, 2006 04:05 ET (08:05 GMT)
Copyright (c) 2006 Dow Jones & Company, Inc.
| Latest actions | previous | next | |
|---|---|---|
| 07/18/07 | EMI "hold" | Panmure Gordon & Co |
| 05/22/07 | EMI upgraded to "hold" | Panmure Gordon & Co |
| 02/20/07 | EMI "sell" | Panmure Gordon & Co |
| more ... | ||