Palm (NASDAQ:PALM): Goldman Sachs reits Sell and $0.40 tgt – now
Source: http://notablecalls.blogspot.com/2009/01/palm-nasdaqpalm-goldman-sachs-reits.htmlPosted on Tuesday, January 13th, 2009 | In Market Commentary
Contributed by: Notable Calls (http://notablecalls.blogspot.com/) -
Goldman Sachs reits Sell rating and $0.40 tgt… based on a 0.25X EV/S multiple applied to ourbr /CY2009 sales estimate of $756mn… fundamentally challenged to successfully compete in the fast, growing smartphone market.br /br /span style=”color: rgb(255, 0, 0);”Notablecall:/span Wanted to let you know its out there. Could take PALM to $5 today.
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