19.03.2010 21:20 Uhr, Quelle: MacNN

Analysts rate Palm at $0, see 197 days of unsold stock

Palm was delivered harsh criticism today as analysts downgraded the company following its poor fiscal performance. Canaccord Adams' Peter Misek maintained a "sell" opinion but called for a price target of $0 as he expected the company's situation would only get worse. He predicted a vicious circle that would see carriers and part producers back out with doubts about Palm's ability to stay in business, hurting its ability to sell devices even more.

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