UPDATE: Raymond James Upgrades Synchronoss Technologies as 10 Million Appears to Be a Solid Start

In a report published Thursday, Raymond James analyst Tavis C. McCourt upgraded the rating on Synchronoss Technologies (NASDAQ: SNCR ) from Outperform to Strong Buy, and reiterated the $40.00 price target. In the report, Raymond James noted, “We are upgrading our rating to Strong Buy from Outperform and maintaining our