Market Currents
Piper reiterates an Overweight and $50 PT on LogMeIn (LOGM) following the company's release of a...
-
Friday, December 23, 2011, 3:05 PM ETPiper reiterates an Overweight and $50 PT on LogMeIn (LOGM) following the company's release of a free version of its iOS app for remotely accessing PCs, and the concurrent transition to subscription pricing for its professional product. While Piper thinks LogMeIn's business model shift will slightly hurt its 2012 revenue, it thinks the long-term impact of having a free app available will be positive.
Other date
TECH ETFs IN FOCUS
Latest Tech Articles
