Wall Street is still upbeat about Palm Pre
Even with the last quarter dismay financial result due to the Pre announcement , which might cannibalize Palm sales figures of its current line-up, The much promised Palm Pre release date is still uncertain, Wall Street analysts still remain in love with Palm and stay upbeat about the Pre’s prospects.
According to Thomson Reuters data there are 8 analysts rating Palm shares a “buy.” as contrast from few weeks back, there were only 2. On Wednesday, Deutsche Bank upped Palm’s price target to $12 and reiterated its “buy” rating. In fact, as a percentage of float—shares outstanding—Palm is the sixth most heavily shorted company as of data through Tuesday. In fact, 45.6 percent of Palm’s float is short. Short sellers bet that a stock is going to fall. Palm’s standing via the Wall Street Journal’s data
[Via Forbes ZDNet Wall Street Journal’s data]
Nice device but wall st. opinion does not mean anything, for example just recall that Nicholas something how lame he tried to explain bank failures to goofy girl from geekbrief.tv these people know nothing