Stock Watch: Lehman Coverage Sends Higher

By Nora Macaluso
May 8, 2000 12:00 AM PT gained 1 1/16 to 9 11/16 Friday after Lehman Brothers began coverage of the stock with an outperform rating.

Stock Watch: Lehman Coverage Sends Higher holds a stake of about 24 percent in, which also has alliances with Rite Aid Corp. and General Nutrition Centers. The Bellevue, Washington-based online pharmacy reported higher sales and a narrower loss for the first quarter ended April 2nd.

Lehman analyst Holly Becker's rating carries a price target of $12 to $14 a share, wire reports said.

Get Permission to License or Reproduce this Article
Print Reprints More by Nora Macaluso

Facebook Twitter LinkedIn Google+ RSS
What's your alarm level over cyberattacks on the Internet's infrastructure?
Red: A deadly cyberwar will occur -- It's when, not if.
Orange: A big one could be costly and threaten public safety.
Yellow: We need to improve cybersecurity at a faster pace.
Blue: Regional outages will become more frequent and more annoying.
Green: There's no way anyone could take out the entire Internet.
CRM Buyer