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Polycom (PLCM +18.3%) surges after reporting a 50% leap in Q4 net income, surpassing...
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Tuesday, January 24, 2012, 12:51 PM ETPolycom (PLCM +18.3%) surges after reporting a 50% leap in Q4 net income, surpassing estimates. Stifel Nicolaus upgrades shares to Buy and raises its price target to $29 from $25; while too early to signal a definitive comeback, it sees European and Asian sales/execution, momentum with partners, and sales of its RealPresence infrastructure product moving in the right direction. (submitted by Holly Thompson)
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