Premiere Global Services climbs on Powwownow acquisition, guidance update

|About: Premiere Global Services, Inc. (PGI)|By:, SA News Editor

Premiere Global Services (PGI +21.1%) shares rifle up following the company's acquisition of Powwownow and strong 2014 guidance.

Raymond James upgrades shares to Strong Buy from Outperform and raises its PT to $13 from $12, citing the company's guidance update.