UBS: RadioShack turnaround doubtful

|About: RadioShack Corporation (RSH)|By:, SA News Editor

UBS analyst Michael Lasser calls a turnaround at RadioShack (RSH -3.8%) highly doubtful.

He says the limited financial capabilities of the company undercut its potential to innovate properly.

The current approach by RadioShack management is akin to throwing things against a wall to see what sticks, notes Lasser.

UBS has a $0.50 price target on RSH.