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RadioShack Corporation upgraded to Outperform
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Posted on 11/09/09 at 9:31am by BenzingaStaff3
Credit Suisse today upgraded RadioShack Corporation (NYSE: RSH) from neutral to outperform and even increased its price target to $25 from $15 after the company took a lot of initiatives including the addition of the Apple iphone.
RadioShack Corporation yesterday closed at $17.74. At credit suisse's price target of $25, RSH would show an upside gain of around 46% on yesterday's closing price.
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