Monday, July 16, 2007

Phoenix shares up, Keefe Bruyette raises target

(Reuters) - Lipponen also told Reuters the company would be worth $19 to $21 a share if it was acquired, up $2 from his previous range. He said, however, that he did not expect it to be sold in the next 12 months.




In late afternoon trading on the New York Stock Exchange Phoenix was up 5.7 percent to $15.39 a share. It had been as high as $15.63 earlier in Monday's session.


Read more at Reuters.com Hot Stocks News

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