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Stock Watch: DLJ Upgrade Boosts i2

Stock Watch: DLJ Upgrade Boosts i2

i2 Technologies, Inc. (Nasdaq: ITWO) rose 10 9/16 Wednesday to close at 105. Reports said the stock was upgraded to buy from market perform at Donaldson, Lufkin & Jenrette, with a 12-month price target of 125.

i2 shares are up from a 52-week low of 8 7/8, seen last spring, but down from a high of 223 1/2 last month. The e-commerce software company, headquartered in Dallas, Texas, recently teamed with IBM (NYSE: IBM) and Ariba to offer a range of e-business services.


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