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20.8.07

Aug 20. Credit Suisse initiates coverage of WBD and Lebedyansky, rating WBD ADRs as Buy.

Finamrus com 20.08.2007 16:55
http://www.finamrus.com/newtopics/news03896/default.asp
Investment bank Credit Suisse has initiated coverage of Wimm-Bill-Dann Food Products (WBD) and Lebedyansky, the bank's analysts Vladimir Savov and Victoria Petrova said in a note. The primary recommendation on WBD's ADRs is Buy and Hold for Lebedyansky shares. The target price calculated by Credit Suisse analysts for ADRs issued by WBD is $119.50 and $107.00 for Lebedyansky securities. The bank's experts prefer WBD stocks, as this company holds firm positions on the dairy products market which is marked by fiercer competition and broader segmentation than the juice market.

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