« Citigroup cuts ArcelorMittal to hold
Investing in Commodities »

Moneysupermarket.com upped to buy at UBS

LONDON (MarketWatch) — Moneysupermarket.com was upped to buy from neutral at UBS, which said there’s enough growth at the company to offset weakness in loans. “There is no question in our minds that Loans is suffering from a tighter market but it only represents 23% of 2007 revenue. We expect the other constituents of Money are still performing strongly, and growth in Insurance, Travel and Home should largely offset any eakness, in our view,” the broker said.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Original post by Forextvblog

This entry was posted on Monday, February 18th, 2008 at 4:28 am and is filed under Daily Forex Analysis. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Leave a Reply