LogMeIn (LOGM) Upgraded to “Buy” by Zacks Investment Research
Summary
Good renewal performance in the company’s remote access space, which consists of Pro, Central and GoToMyPC, is also encouraging. Northland Securities reissued a buy rating and issued a $125.00 price target on shares of LogMeIn in a report on Friday, March 22nd. KeyCorp lowered their price target on shares of LogMeIn from $120.00 to $95.00 and set an overweight rating for the company in a report on Friday, February 15th. The software maker reported $1.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.90 by $0.27. It enables people to connect with each other worldwide to drive meaningful interactions, deepen relationships, and create better outcomes for individuals and businesses.
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