Looking good...needs to break through resistance at 0.88.
0813 [Dow Jones]STOCK CALL: Credit Suisse First Boston upgrades Burns Philp
(BPC) to Outperform from Underperform after lifts earnings forecasts; ups FY06
net profit estimate 30% due to potential wheat cost savings. Also predicts
higher-than-expected interest savings and strong prospects for EPS accretive
acquisition within 12 months; cites possible target as U.S.-based Pinnacle
Foods. Ups price target to A$1.15 from 82 cents, vs latest 85 cents.
BPC
burns, philp & company limited
on the move..., page-2
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