JP Morgan Initiates LogMeIn At Neutral

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JP Morgan initiated coverage on
LogMeIn, Inc.LOGM
with a Neutral rating. The target price for LogMeIn is set to $61. LogMeIn shares have gained 39.81% over the past 52 weeks, while the S&P 500 index has surged 11.20% in the same period. LogMeIn's shares jumped 2.01% to close at $56.79 yesterday.
Posted In: InitiationAnalyst RatingsJP Morgan
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