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Insight upped as price falls.(Tip Sheet)(Fulcrum Global Partners analyst Richard Greenfield improves his rating of Insight Communications Co.)(Brief Article)
From:
Multichannel News
| Date:
October 13, 2003
| COPYRIGHT 2003 Reed Business Information. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
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Fulcrum Global Partners analyst Richard Greenfield raised his rating on Insight Communications Co. to "neutral" from "sell," saying a recent downturn wiped out a premium price versus MSO peers.
In an Oct. 2 report, Greenfield said Insight was priced at 9.3 times 2004 estimated cash flow, in line with peers. Insight had declined 20% ...