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LogMeIn Expands Network Support Services With Nanorep Acquisition
Thursday, August 3, 2017 - 1:23pm | 322Read More...Nanorep, a private equity firm that develops chatbots and artificial intelligence for customer self-service, sold itself to LogMeIn Tuesday for $45 million with the potential addition of another $5 million based on performance. The firm’s technology has supported about 500 customers,...
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Citrix And LogMeIn Merger Attracts Analysts' Attention
Thursday, July 28, 2016 - 9:28am | 307Read More...Shares of LogMeIn Inc (NASDAQ: LOGM), a provider of cloud-based service offerings that allow businesses and individuals to connect to their workplace, surged higher by nearly 20 percent on Wednesday after the company announced a merger agreement with Citrix Systems, Inc. (NASDAQ: CTXS) Related...
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How Citrix Could Spin Off $3.4 Billion GoTo Division
Monday, November 2, 2015 - 3:31pm | 314Read More...Citrix Systems, Inc. (NASDAQ: CTXS) held its third-quarter earnings call on October 21. During the event, management said its 2016 guidance and the results of its ongoing operational and strategic reviews would be made public mid-November. In a report issued Monday, analysts at Credit Suisse...
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Market Wrap For January 22: Earnings Season Continues To Come In Mixed
Wednesday, January 22, 2014 - 5:58pm | 2705Read More...Wednesday marked another day of mixed trading as investors and traders continue to find little clarity from the quarterly results released so far. With the markets being a "mixed bag" major indices ended the day little changed with the Dow ending slightly in the red and both S&P 500 and...
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LogMeIn Abruptly Ends Free Service
Wednesday, January 22, 2014 - 8:18am | 274Read More...LogMeIn (NASDAQ: LOGM) allows users to work with their PCs remotely from an iOS or Android device. The company offered a basic free package called LogMeIn Free and offers a paid version, LogMeIn Pro, that provides extra features such as the ability to remotely transfer files from one remote PC...
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Morgan Keegan Initiates Coverage On LOGM, ZIXI
Tuesday, May 24, 2011 - 9:06am | 36Read More...Morgan Keegan has initiated coverage on the following companies: LogMeIn (NASDAQ: LOGM), Outperform $60 PT Zix Corporation (NASDAQ: ZIXI) Outperform, $5 PT
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Piper Jaffray Reports Increased Confidence In LogMeIn
Thursday, April 21, 2011 - 8:00am | 127Read More...According to Piper Jaffray, LogMeIn (NASDAQ: LOGM) have inspired increased confidence in Fy11 ignition sales. Piper Jaffray said that Apple's 4.7 million iPad unit sales in the March quarter was lighter than some investors had expected. “That said, our iPad checks continue to show demand is...
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J.P. Morgan Raises PT on LogMeIn to $47 (LOGM)
Monday, March 14, 2011 - 8:18am | 64Read More...J.P. Morgan has reported on the change in LogMeIn's (NASDAQ: LOGM) Price Target from $44.00 to $47.00. J.P. Morgan writes, “We continue to rate LOGM Overweight, but raise our price target to $47 from $44 based on our DCF.” LogMeIn closed at $35.49 on Friday. LogMeIn has an Overweight Rating and $...
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JP Morgan Raises PT On LogMeIn To $47
Monday, March 14, 2011 - 7:28am | 29Read More...JP Morgan has raised the price target on LogMeIn, Inc. (NASDAQ: LOGM) from $44 to $47 and maintains its Overweight rating.
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Piper Jaffray Still A Buyer Of LOGM Despite 9% Pullback
Friday, March 4, 2011 - 9:17am | 143Read More...Piper Jaffray said that it is a buyer of LogMeIn, Inc. (NASDAQ: LOGM) shares following this week's 9% pullback, “as we do not believe the recent (Feb. 28) news about Citrix Systems, Inc.'s (NASDAQ: CTXS) GoToMyPC for iPad will have a meaningful impact on sales of LogMeIn Ignition.” “However, we...
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J.P. Morgan Comments On Buying Opportunity At LogMeIn
Thursday, March 3, 2011 - 11:42am | 149Read More...In a report published by J.P. Morgan, LogMeIn's (NASDAQ: LOGM) recent pullback in the shares presents buying opportunity. J.P. Morgan said that, with LOGM stock trading off 13% since the company reported 4Q earnings and 27% off its 52-week high reached at the beginning of the year, it takes this...
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Piper Jaffray Raises PT On LogMein To $50
Wednesday, February 16, 2011 - 7:46am | 27Read More...Piper Jaffray has raised the price target on LogMein, Inc. (NASDAQ: LOGM) from $47 to $50 and maintains its Overweight rating.
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Piper Jaffray Not Concerned With LOGM Shares Decline
Wednesday, January 5, 2011 - 8:43am | 87Read More...Piper Jaffray reports that shares of LogMeIn, Inc. (NASDAQ: LOGM) were down yesterday in part because of investor concerns surrounding the lowering of the company's Ignition application to $19.99 from $29.99. “It turns out, the company was running a holiday special, as it did last year, and the...
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RBC Capital Changes Several Price Targets, Including SKT, SYMC, WLL And PG
Thursday, October 28, 2010 - 12:24pm | 362Read More...RBC Capital is changing the price target of the following companies: Wintrust Financial (NASDAQ: WTFC) $38 to $35 Whiting Petroleum (NYSE: WLL) $100 to $103 Visa (NYSE: V) $113 to $100 Tanger Factory Outlet Centers, Inc. (NYSE: SKT) $50 to $55 Symantec (NASDAQ: SYMC) $17 to $19 ProLogis (NYSE...
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LogMein Announces 4% Share Pullback, Piper Jaffray Sees Opportunity
Thursday, September 16, 2010 - 8:31am | 120Read More...LogMein, Inc. (NASDAQ: LOGM) reported a 4% pullback yesterday that Piper Jaffray views as a buying opportunity, and believes that 20%+ revenue growth is possible over the next 3 years, assuming some operating leverage. Two potential drivers for the next two years are Ignition (iPad and Android) and...
