Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Markets & Finance

Bernstein Keeps Palm as 'Outperform'


Sanford Bernstein is keeping its outperform rating on Palm (PALM).

The cell-phone maker lowered its first quarter revenue forecast, and analyst Paul Sagawa say while the news is disappointing, it's not unexpected as the U.S. economy continues to be uncertain and demand at the high end of the market continues to be weak.

Sagawa says he continues to believe Palm has an attractive franchise but thinks management needs to further focus on its execution. Although the current stock price is intriguing, risks remain.


LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus