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Q. Are you expecting a big increase in the military budget? A. There is a modest upside to spending.
Julian Yates at Investec said: The 2012 outlook is in line with consensus but we would see modest upside risk.
"All of the forces are stacked against the developers now, so some modest upside for property and homeowners may be called for," Mr. Maraziti said.
If the assets perform better than expected, there is a modest upside for taxpayers; if they perform worse, the wipeout could far exceed whatever gain taxpayers could ever have hoped to realize.
A modest upside in return for a large but improbable downside.
Himanshu Patel, an analyst for JP Morgan, said the stock offers a "modest upside," yet downgraded shares, in part because investors and analysts have caught on to GM's improved position.
Similar(52)
The rental trend is strong in areas with more modest homes, and the upside of the unsteady economy, said Darab Lawyer, an agent for Century 21 American Homes in Oceanside, is that renters like his clients Julian and Christina Giaquinto can find affordable homes when they're ready.
The upside: the modest hope that if we name the pain it will dissipate and we might do better next time.
It is elegantly simple, featuring modest base salaries and bonuses, significant upside potential via stock options that promote shareholder value creation, little to no downside protection in the form of severance arrangements, and a required personal investment in the company.
Also on the upside, Internet stocks saw modest gains after leading Internet service provider America Online aol told investors it will probably meet analysts' estimates for revenue, subscriber growth and earnings for the current quarter and fiscal full year.
Even Citi's more modest growth prediction still offers 6.5% of upside over the next year-plus.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com