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Polycom Price Target Lowered to $12.00 at Northland Capital Partners (PLCM)

July 30, 2013 | Telepresence Options

polycom


Story by Trevor Kearing / Daily Political

Polycom (NASDAQ:PLCM)�had its price objective lowered by Northland Capital Partners from $14.50 to $12.00 in a research report released on Thursday morning,�AnalystRatingsNetwork.com�reports. Northland Capital Partners currently has an outperform rating on the stock.

Shares of Polycom (NASDAQ: PLCM) traded up 1.88% during mid-day trading on Thursday, hitting $9.77. Polycom has a 52 week low of $8.28 and a 52 week high of $12.03. The stock's 50-day moving average is currently $10.8. The company's market cap is $1.661 billion.

PLCM has been the subject of a number of other recent research reports. Analysts at Wedbush cut their price target on shares of Polycom from $11.00 to $10.00 in a research note to investors on Wednesday, July 24th. They now have a neutral rating on the stock. Separately, analysts at UBS AG cut their price target on shares of Polycom from $11.00 to $10.50 in a research note to investors on Wednesday, July 24th. They now have a neutral rating on the stock. Finally, analysts at FBN Securities cut their price target on shares of Polycom from $12.00 to $11.00 in a research note to investors on Wednesday, July 24th. They now have a sector perform rating on the stock.

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