Janney Upgrades RadioShack (RSH) to Buy On Upcoming Pre Launch
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Janney Montgomery Scott upgrades RadioShack (NYSE: RSH) to Buy, with a $17 fair value estimates, citing a positive impact on earnings from the Sprint/Palm Pre release on June 6th.
The firm believes the impact in 2010 could be $0.20 to $0.60 on an earnings base case of $1.45.
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