NEW YORK -- Salomon Brothers Inc. analyst Bruce Harting lifted his investment rating on Golden West Financial Corp. to "buy" from "hold," saying its stock is priced at the "most attractive" level compared with book value since the mid-1980s.

Mr. Harting noted that the stock at Monday's close was trading at a $3 premium to his targeted book value of $35 a share by yearend 1994. "That's just too cheap," he said.

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