Early Bird Special (EBS)

[trading4art]

COMS: RBC Capital Keeps @ Sector Perform; Cuts Tgt to $5 vs $6; Analyst Notes

Tuesday , November 23, 2004 14:01 ET

Issuer: 3Com Corporation (NasdaqNM: COMS)
Analyst Firm: RBC Capital Markets

Ratings Action: REITERATION
Current Rating: Sector Perform

Target Price Action: DECREASE
Target Price: $5.00 (-16.67% from $6.00)

Analyst Comments: The firm noted that the company is expected to post its November quarter results in-line with the estimates and the consensus. The firm expresses their concern, however, regarding the increasing competitive pressure for 3Com. The EPS estimate for 2005 has been reduced from -25c to -28c.



This rating information was reported by New Ratings Inc.