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Strategies & Market Trends : Value Investing

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To: RockyBalboa who wrote (29619)3/4/2008 5:35:04 PM
From: Paul Senior   of 70555
 
Caught CIT at under $20 and added a few shares to my small position.

Getting past the scary headline,
"CIT Shares Tumble on Target Price Cut",

we see,

"In a note to clients Tuesday, Bruce W. Harting cut the stock's 12-month target price to $39 from $42...Harting also lowered his full-year earnings estimate by 25 cents to $4 per share."

biz.yahoo.com
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