J.P. Morgan Reiterates Overweight Rating on Synchronoss Technologies
December 28, 2012 at 10:10 AM EST
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