Sun, Dec 10, 2006 - Page 10 News List

Investment houses set to bring cheer

REAPING THE BENEFITS Wall Street analysts spent last week raising their earnings projections, with the only uncertainty regarding how high they are likely to end up

AP , NEW YORK

"History argues that when you look at their earnings, the minute they are produced they become ancient history ... you're looking at 2007," said Richard Bove, an analyst with Punk, Ziegel & Co. "Once the earnings come out, you'll see everyone immediately raise their estimates and stock price targets."

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