LeapFrog clipped by downgrade

|About: LeapFrog Enterprises Inc. (LF)|By:, SA News Editor

Shares of Leapfrog (LF -5.6%) stumble after BMO Capital lowers its rating on the company to a Market Perform from Outperform on earnings concerns

SA contributor Ashraf Eassa likes the long-term potential for LeapFrog, but sees an entry point of $7 to $8.50 being a safer level for investors.