Six Piper Jaffray Analysts Ranked in Annual Forbes.com/StarMine Rankings
05 May 2006 - 3:35AM
PR Newswire (US)
MINNEAPOLIS, May 4 /PRNewswire-FirstCall/ -- Piper Jaffray &
Co. is pleased to announce that six senior research analysts were
ranked in the Forbes.com/StarMine rankings for top equity research
analysts. The annual Forbes.com/StarMine rankings sort brokerage
analysts in to two categories: picking stocks and predicting
earnings. In producing the rankings, StarMine considered only
earnings estimates and stock recommendations made for U.S.
companies during calendar year 2005. In the stock-picking category,
the following three analysts received honors: -- Thomas Wei in the
biotechnology industry (No. 1 overall in this industry) -- Jeff
Klinefelter in the textiles apparel and luxury goods industry (No.
1 overall in this industry) -- Bob Napoli in the consumer finance
industry (No. 2 overall in this industry) For earnings accuracy
category, the following analysts were recognized: -- Aaron Kessler
in the Internet and catalog retail industry (No. 1 overall in this
sector) -- Safa Rashtchy in the Internet and catalog retail
industry (No. 2 overall in this industry) -- Tony Gikas in the
leisure equipment and products industry (No. 3 overall in this
industry) "We are honored to have these six analysts recognized for
their earnings accuracy and stock-picking talents in this year's
Forbes.com/StarMine rankings," said Joel Denney, head of Investment
Research at Piper Jaffray. "We believe this achievement
demonstrates our commitment to providing industry-leading, in-depth
and proprietary research analysis for our clients." Piper Jaffray
& Co. is the chief operating subsidiary of Piper Jaffray
Companies (NYSE:PJC), a focused securities firm dedicated to
delivering superior financial advice, investment products and
transaction execution within selected sectors of the financial
services marketplace. The company currently operates through two
primary revenue-generating segments: Capital Markets and Private
Client Services. The sale of the company's Private Client Services
branch network, announced April 11, 2006, currently is pending. The
company's Capital Markets business generates revenue through two
groups: Corporate and Institutional Services and Public Finance
Services. Through its chief operating subsidiary, Piper Jaffray
& Co., the firm has served corporations, government and
nonprofit entities, institutional investors and the financial
advisory needs of private individuals since 1895. With headquarters
in Minneapolis, Piper Jaffray has approximately 2,800 employees in
107 offices in 23 states across the country and in London. For more
information about Piper Jaffray, visit us online at
http://www.piperjaffray.com/ . Since 1895. Member SIPC and NYSE.
DATASOURCE: Piper Jaffray & Co. CONTACT: Susan Beatty, Media
Relations of Piper Jaffray, +1-612-303-5680 Web site:
http://www.piperjaffray.com/
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