Gifts Under $30 Gifts Under $50 iPhone Emergency SOS Saves Man MyHeritage 'Time Machine' Guardians of the Galaxy 3 Trailer White Bald Eagle Indiana Jones 5 Trailer Black Hole's 1,000 Trillion Suns
Want CNET to notify you of price drops and the latest stories?
No, thank you
Accept

World Access gains on upgrade

World Access shares moved up 63 cents, or 15 percent, to $4.69 Monday after Kaufman Brothers upgraded the provider of Internet, data and voice communications services from a "buy" recommendation to a "strong buy."

World Access (Nasdaq: WAXS) shares moved up to a 52-week high of $27.50 in March before falling to a low of $3.31 earlier this month.

First Call Corp. consensus expects it to lose 31 cents a share in its third quarter and 69 cents a share in the fiscal year.

Last quarter, World Access posted a profit of $300,000 on sales of $306.1 million.

In September, company officials predicted it would exceed $2.6 billion in sales in fiscal 2001.

All four analysts following the stock rate it either a "buy" or "strong buy."