UPDATE: BMO Capital Markets Upgrades LeapFrog as Toad-Like Sentiment Presents Interesting Opportunity
November 12, 2013 at 09:21 AM EST
In a report published Tuesday, BMO Capital Markets analyst Gerrick L. Johnson upgraded the rating on LeapFrog (NYSE: LF ) from Market Perform to Outperform, and reiterated the $10.00 price target. In the report, BMO Capital Markets noted, “Last week LF announced that, owing to weakness at retail, 4Q sales