By: Benzinga
February 15, 2013 at 14:46 PM EST
UPDATE: Piper Jaffray Reiterates Overweight Rating, Lowers PT on LogMeIn on 2013 Guidance
In a report published Friday, Piper Jaffray reiterated its Overweight rating on LogMeIn (NASDAQ: LOGM ), but lowered its price target from $28.00 to $26.00. Piper Jaffray noted, “Guidance eliminated hopes that 2013 would be a bounce back year for LogMeIn, but we believe shares will move higher throughout the
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