BB's Stock Haven

[bUrRpPPP!]

Lehman Bros. upped Circuit City (CC +1.7%) to EW from Underweight, $27 tgt. Comments were applicable to the industry: strong industry trends, advanced-television and gaming cycles should drive traffic and strong comparisons through 2006-2007. Lehman also likes the "vastly improved" fundamentals at CC. Lehman reiterated its OW rating for Best Buy )BBY +0.8%). RadioShack (RSH +3.7%) will close 7 regional stores by August. Hastings Entertainment (HAST +13%) reported Q4 (Jan) results. Q4 EPS 61c vs 40c Beats 49c Est; Revenue MISSED by 3%; Full year guidance was 58c to 63c, above consensus. Gamestop (GME +2.2%) set a new 52-wk high.