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Enter Symbol:
LogMeIn (LOGM) [hlAlert]

Strong Buy
down 13.03 %

LogMeIn (LOGM) rated Strong Buy with price target $84 by Needham

Posted on: Friday,  Jul 24, 2015  8:25 AM ET by Needham

Needham rated Strong Buy LogMeIn (NASDAQ: LOGM) on 07/24/2015, when the stock price was $74.04. Since
then, LogMeIn has lost 13.03% as of 08/28/2015's recent price of $64.39.
If you would have followed this Needham's recommendation on LOGM, you would have lost 13.03% of your investment in 35 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.

Needham & Company, LLC focuses on emerging growth companies in technology, biotechnology and life sciences. The firm's research goal is to service the needs of growth-oriented institutional clients. Needham & Company has established itself as a premier specialty investment bank providing timely and valuable analysis on companies that are under-covered by the majority of Wall Street firms.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/24/2015 8:25 AM Buy
74.04 84.00
as of 8/27/2015
1 Week down  -9.55 %
1 Month down  -4.53 %
3 Months down  -1.58 %
1 YTD down  -13.03 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/14/2014 8:25 AM Buy
40.48 48.00
7/26/2012 8:27 AM Hold
3/29/2012 8:25 AM Buy
35.31 48.00

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