Tuesday, January 13, 2009

Palm (NASDAQ:PALM): Goldman Sachs reits Sell and $0.40 tgt - now

Goldman Sachs reits Sell rating and $0.40 tgt... based on a 0.25X EV/S multiple applied to our
CY2009 sales estimate of $756mn... fundamentally challenged to successfully compete in the fast, growing smartphone market.

Notablecall: Wanted to let you know its out there. Could take PALM to $5 today.

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