Zacks Analyst Blog Highlights: Palm, Inc., Research in Motion, Motorola and Morgan Stanley.CHICAGO -- Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Palm, Inc. (Nasdaq: PALM), Research in Motion (Nasdaq: RIMM (Rambus Inline Memory Module) See RDRAM. See also RIM. ), Motorola (NYSE NYSE See: New York Stock Exchange : MOT) and Morgan Stanley See the latest posts to the Analyst Blog by visiting: http://at.zacks.com/?id=2673 Here are highlights from Friday's Analyst Blog: Palm, Inc. Trading at Fair Levels Palm, Inc. (Nasdaq: PALM) is facing growing competition from old rivals, such as Research in Motion (Nasdaq: RIMM), as well as new, such as Motorola (NYSE: MOT) and Samsung. Although the stock has been active due to takeover speculation, we do not view this as a fundamental driver, even though it has increased the valuation. We maintain a Hold recommendation on the shares of PALM and raise our six month target price to $18.50. Although we expect Palm to gain ground in the low-end of the market with the Treo 680, where the Motorola Q The Motorola Q is a Windows Mobile smartphone first announced in the Summer of 2005 as a thin device with similar styling to Motorola's immensely popular RAZR. Motorola in a partnership with Verizon Wireless released the Q on May 31, 2006[1]. phone is strong, this trend will drag down ASPs [average selling prices] and is likely to cannibalize can·ni·bal·ize v. can·ni·bal·ized, can·ni·bal·iz·ing, can·ni·bal·iz·es v.tr. 1. To remove serviceable parts from (damaged airplanes, for example) for use in the repair of other equipment of the same the high-end of the market as well. During the second quarter of fiscal 2007, smartphone revenues were only up by 5%, owing to owing to prep. Because of; on account of: I couldn't attend, owing to illness. owing to prep → debido a, por causa de reduced ASPs, as PALM implemented pricing actions more broadly with its carrier partners. Takeover speculation gained momentum earlier this month following a report in the Wall Street Journal that Palm has hired Morgan Stanley (NYSE: MS) to advise it on its strategic options. As a result, the stock has appreciated approximately 25% since this speculation began, leading to a less attractive valuation. See the latest posts to the Analyst Blog by visiting http://at.zacks.com/?id=2645 About Zacks Equity Research Zacks Equity Research provides the best of quantitative and qualitative analysis Qualitative Analysis Securities analysis that uses subjective judgment based on nonquantifiable information, such as management expertise, industry cycles, strength of research and development, and labor relations. to help investors know what stocks to buy and which to sell for the long-term. Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons. Zacks "Profit from the Pros" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to Verb 1. subscribe to - receive or obtain regularly; "We take the Times every day" subscribe, take buy, purchase - obtain by purchase; acquire by means of a financial transaction; "The family purchased a new car"; "The conglomerate acquired a new company"; this free newsletter today by visiting http://at.zacks.com/?id=2674. About Zacks Zacks.com is a property of Zacks Investment Research Zacks Investment Research A firm that compiles earnings estimates and brokerage firm investment recommendations for thousands of publicly traded firms. , Inc., which was formed in 1978 by Leonard Zacks. As a PhD in mathematics Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros. |
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