heute wird es für ARBA einen Dämpfer geben
Ariba cut to Sector Underperform at CIBC (ARBA) 4.40: CIBC World Mkts downgrades to SECTOR UNDERPERFORM from Sector Perform following 200% rise off Oct lows with little, to no, change in fundamentals. Notes that stock is currently trading at 73x estimated 2003 earnings; believes that with over 265 mln shares, co will be hard pressed to show meaningful EPS growth.