Barclays Upgrades Palm (PALM) to Equalweight, Cuts Target to $11

November 5, 2009 8:52 AM EST

An analyst at Barclays Capital has upgraded shares of Palm (Nasdaq: PALM) from the dreaded Underweight to Equalweight this morning, also reducing his price target from $12 to $11.

In the pre-market session, Palm shares have jumped 2.6% to around $11.14.

To see all the market-moving upgrades/downgrades on shares of Palm, visit our Analyst Ratings page.

Palm, Inc. provides mobile products for individual users and business customers worldwide.


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PALM 11.20

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