March 27, 2013 at 11:53 AM EDT
UPDATE: J.P. Morgan Raises PT on LogMeIn Following Patent Litigation Victory
In a report published Wednesday, J.P. Morgan analyst John DiFucci reiterated a Neutral rating on LogMeIn (NASDAQ: LOGM ), and raised the price target from $23.00 to $25.00. In the report, DiFucci noted, “Prior to the close yesterday, LOGM announced that it had prevailed in its patent litigation defense against
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