Lehman Brothers has a Mixed Message On Reuters

Evening Standard - London › April 05, 2004

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Summary

NEWS agency and financial information systems supplier Reuters, 11/4p dearer at 4101/4p, is heading back on the road to recovery - but not just yet.

That was the message today from US securities house Lehman Brothers, which has upgraded the shares from underweight to overweight and raised its 12-month target price from 443p to 500p.

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Extract

Lehman Brothers has a Mixed Message On Reuters

It follows Friday's presentation to brokers and institutional shareholders, who heard that Reuters is closing the gap on Bloomberg in the supply of ...

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