By: Benzinga
J.P. Morgan Reiterates Overweight Rating on Synchronoss Technologies
In a report published Friday, J.P. Morgan & Co. reiterated its Overweight rating on Synchronoss Technologies (NASDAQ: SNCR ). J.P. Morgan noted, “SNCR announced after the close that they are purchasing NewBay a wholly-owned subsidiary of Research In Motion, for $55M in cash. We believe this company has some cloud
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