Palm Running (PALM)

Posted in pre-market 
November 11th, 2009

Palm Inc. (NASDAQ: PALM) is running this morning.  We saw a note that MKM Partners started it as neutral, but the real culprit looks to be a BofA Merrill Lynch call where it was reiterated Buy with $20 target ahead of new carrier launches in 2010.  At 8:25 AM EST we have seen almost 80,000 shares trade hands and the stock is up 3% at $11.32.

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