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Enter Symbol:
 
LogMeIn (LOGM) [hlAlert]

Rating:
Buy LOGM
up 156.43 %

LogMeIn (LOGM) rated Buy with price target $38 by Maxim Group

Posted on: Friday,  Jul 26, 2013  8:25 AM ET by Maxim Group

Maxim Group rated Buy LogMeIn (NASDAQ: LOGM) on 07/26/2013. Previously Maxim Group rated Buy LogMeIn (NASDAQ: LOGM) on 06/13/2013., when
the stock price was $25.11. Since then, LogMeIn has gained 156.43% as of 08/28/2015's recent price of $64.39.
If you would have followed the previous Maxim Group's recommendation on LOGM, you would have gained 156.43% of your investment in 806 days.

LogMeIn, Inc. is a provider of on-demand, remote-connectivity solutions to small and medium-sized businesses (SMBs), information technology (IT) service providers and consumers. Businesses and IT service providers use its solutions to deliver remote, end-user support, and to access and manage computers and other Internet-enabled devices more effectively. Consumers and mobile workers use its solutions to access computer resources remotely. The Company?s users have connected over 30 million computers and other Internet-enabled devices to a LogMeIn service, and during November 2007 the total number of devices connected to its services stood at an average of over 60,000 per day.

At Maxim Group, our vision for equity research is to be a client’s first call for value-added research on companies not widely followed by Wall Street. Maxim’s premier niche is emerging-growth companies in a variety of sectors, including healthcare, technology, retail and others. As strong believers in fundamental research, our analysts utilize a “bottom up” approach to making investment recommendations. We combine rigorous financial analysis of specific companies and industries with due diligence that includes frequent consults with suppliers, customers, competitors and senior management. By applying these skills and techniques, we are able to offer our clients differentiated research.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/26/2013 8:25 AM Buy
None
30.01 38.00
as of 12/13/2013
1 Week down  -5.10 %
1 Month down  -1.25 %
3 Months up  0.22 %
1 YTD up  5.29 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/13/2013 9:25 AM Buy
None
25.11 32.00

(*) Stock Price at the time of the recommendation.
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