Information Provided By: 
Fly News Breaks for August 22, 2018
LOGM
Aug 22, 2018 | 07:14 EDT
Barclays analyst Raimo Lenschow believes LogMeln's cash flow profile is "appealing" at current valuation levels. He notes LogMeln has been the worst performer in his coverage universe year-to-date, dropping 31% "on a string of disappointments over the last three quarters." The analyst, however, sees value in the company's cash flow profile and subscription-based model, which he thinks should appeal to investors interested in stable cash flow streams. As such, Lenschow keeps an Overweight rating on LogMeln with a $105 price target.
News For LOGM From the Last 2 Days
There are no results for your query LOGM
