LogMeln discontinuation of free service an incremental positive, says Maxim Maxim said LogMeIn's decision to stop offering the LogMeIn Free service is as an incremental positive that could potentially drive greater subscription revenue for the company. The firm maintains its Buy rating on the stock.
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LogMeln weakness after short report a buying opportunity, says Piper Jaffray Piper Jaffray attributes today's weakness in shares of LogMeIn to a short report out on the company, but the firm disagrees with the report, which it thinks understates the strength of LogMeIn's core business and opportunities. Piper reiterates its Overweight rating and $56 price target on LogMeIn.