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Palm upgraded to equal weight
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Posted on 11/05/09 at 10:41am by Monica Gerson
Palm Inc (NASDAQ: PALM) has been upgraded from “underweight” to “equal weight” at Barclays. According to Barclays, there is limited downside to PALM share price due to the company’s near-term guidance and upcoming launch at Verizon. The target price for PALM has been set at $11. Palm Inc (NASDAQ: PALM) has been upgraded from “underweight” to “equal weight” at Barclays. According to Barclays, there is limited downside to PALM's share price due to the company’s near-term guidance and upcoming launch at Verizon. The target price for PALM has been set at $11.
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