Cowen Upgrades LogMeIn (LOGM) to Outperform

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LogMeIn (LOGM) Responds to Off Wall Street in Blog

July 9, 2014 10:39 AM EDT

In light of a recent report that came out with a short thesis on LogMeIn (Nasdaq: LOGM), we would like to highlight the following six points:

1. LogMeIn has been gaining IT management customers, not losing them in recent quarters.

2. LogMeIn... More

UPDATE: LogMeIn (LOGM) Rated Sell at Off Wall Street; Sees Saturated Market, Unsustainable Gains

July 9, 2014 8:00 AM EDT

(Updated - July 9, 2014 9:54 AM EDT)

LogMeIn (Nasdaq: LOGM) was rated Sell with a target price of $30 by Off Wall Street, according to Bloomberg.

UPDATE - Rationale is two-fold on today's call. Off Wall Street believes that the market for... More