Palm OS

Palm Shares Tumble; Morgan Keegan, Avian Downgrade

Eric Savitz, Blogger and Columnist, Barron's, Tech Trader Daily in News on November 5, 2008 at 12:35 pm PT

Analysts at Avian Securities and Morgan Keegan downgraded Palm stock this morning, prompting a sharp downturn in shares. Reasoning includes the conjecture that smartphone sales will be down for the next few quarters. This is certainly true for the Palm Centro, and the Treo Pro and Treo 800w may not even make it to AT&T and Verizon stores in time for the holiday season. Early demand for the BlackBerry Bold, however, appears to be “robust.”

Palm: Cowen Launches Coverage With Outperform Rating

Eric Savitz, Blogger and Columnist, Barron's, Tech Trader Daily in News on September 2, 2008 at 9:47 am PT

Palm (PALM) shares received a boost this morning from Cowen analyst Matthew Hoffman, who launched coverage of the company with an Outperform rating. Hoffman asserts that the stock can appreciate more than 30 percent over the next 12 months.