LeapFrog (LF) Leaps Higher on Product Momentum

Article Stock Quotes (1) Comments (0)

LeapFrog Enterprises Inc. (NYSE: LF) is... well... leaping Thursday. Shares are up 10.4 percent on volume that has already eclipsed the normal full day volume.

We haven not seen any news, but today's action continues its recent trend higher. Shares are up 106 percent YTD.

There has been plenty of buzz around the company following the announcement of the Leaptser GS and LeapPad 2 in June.

Analysts at Ascendiant recently commented that company momentum remains strong and they believe the company is on track for its second quarter guidance and that 2012 guidance looks "conservative." The firm reiterated their Strong Buy rating and $13 price target on the name.

---

Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW

---

*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here

---

---

You May Also Be Interested In

• Can AMD (AMD) Shake Off the Goldman Downgrade?
• SolarCity (SCTY) is 'Hot, Hot, Hot', But Questions About Financing Deal Raised
• LeapFrog To Present At The 14th Annual B. Riley & Co. Investor Conference

Create E-mail Alert Related Categories

Momentum Movers

Add Your Comment

Name

Subject

Body

Share on Facebook

Verification
can't see the text?
click here to refresh the image.
what's this?