"We now believe webOS has raised Palm's (PALM) chances for Smartphone leadership," RBC Capital's...

|By:, SA News Editor

"We now believe webOS has raised Palm's (PALM) chances for Smartphone leadership," RBC Capital's Mike Abramsky writes in a note this morning, upgrading to Outperform and boosting his price target to $12 from $5. Abramsky, a top PALM analyst, was previously Neutral on PALM. Shares +6.6% to $8.38.