Seeking Alpha

Polycom's (PLCM -3.8%) sales challenges are probably of its own making, RBC says as it...

Polycom's (PLCM -3.8%) sales challenges are probably of its own making, RBC says as it downgrades shares and cuts its target price to $19 from $26 following last week's Q1 warning. PLCM has been revamping its sales force in North America, RBC notes, adding "poor execution and inconsistent messaging" seem to raise the likelihood of worst-case forecasts.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs