After hosting investor meetings with management, Piper Jaffray analyst Alex Zukin says shares of LogMeln have "significant upside" from current levels. The company's product and go-to-market changes aimed at directly combating a changing competitive landscape are set to benefit bookings in the second half of 2018, Zukin tells investors in a research note. He views the current valuation as "compelling" and believes upside will be drive by "consistent beat and raise execution, potential for accelerating revenue growth, and a multiple re-rating in line with our peer group." The analyst keeps an Overweight rating on LogMeln with a $140 price target.