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Zacks Analyst Blog Highlights: FactSet, ConocoPhillips, EnCana and Jones Lang LaSalle.


CHICAGO -- Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: FactSet Research Systems (NYSE: FDS), ConocoPhillips (NYSE: COP), EnCana (NYSE: ECA) and Jones Lang LaSalle (NYSE: JLL).

See the latest posts to the Analyst Blog by visiting: http://at.zacks.com/?id=2673

Here are highlights from Tuesday's Analyst Blog:

FactSet Still Set at $70 Target

FactSet Research Systems (NYSE: FDS) continues to demonstrate healthy growth as it expands internationally and enhances its offerings through strategic acquisitions. The company's flagship offering, Portfolio Manager Workstation (PMW), is a staple among asset managers. We expect these moves to drive growth in the foreseeable future, and therefore maintain our Buy rating and six-month price target of $70.00.

With the consolidation of the financial information industry over the past several years, it has become increasingly evident that FactSet is in a position to control access of its clients to critical content that is not available from a third party at attractive terms. To that end, FactSet has continued to pursue mutually beneficial partnerships with long-time third-party data providers. The company also has a wide following and strong brand recognition, which it leverages in the investment community.

Buy-Rated COP Remains On Top

Our continued positive view of ConocoPhillips (NYSE: COP) shares reflects the company's strong position in the politically stable OECD [Organization for Economic Cooperation and Development] markets and attractive valuation. The company has significantly strengthened its upstream portfolio through its Burlington and LUKOIL transactions, and remains a premier domestic refining player. A recent alliance with EnCana (NYSE: ECA) further cements its upstream and downstream prospects.

With balance sheet leverage almost within management's target range and capital expenditures expected to remain around current levels over the next few years, the company is expected to deploy the bulk of its excess cash flows towards shareholder returns. Buybacks are expected to be around $4 billion this year.

Another Good Quarter for JLL

Jones Lang LaSalle (NYSE: JLL) reported another solid quarter and vastly exceeded our 1st quarter EPS [earnings per share] estimates. In response, we are raising our full-year EPS and EBITDA [earnings before interest, taxes, depreciation and amortization] estimates by 7% and 3%, respectively. Given the growing demand for commercial real estate worldwide, we anticipate increasing demand for Jones Lang's services, particularly in leasing and management services.

Overall margins showed improvement during the quarter. We believe the company's investment management division will continue to see higher fund inflows, which will drive recurring advisory and incentive fees. Despite a high valuation and multi-year share price increase, we think 2007 will be another good year and look for 15%+ EPS growth.

See the latest posts to the Analyst Blog by visiting http://at.zacks.com/?id=2645

About Zacks Equity Research

Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.

Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.

Zacks "Profit from the Pros" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today by visiting http://at.zacks.com/?id=2674.

About Zacks

Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leonard Zacks. As a PhD in mathematics Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros.
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Publication:Business Wire
Date:May 16, 2007
Words:704
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