UPDATE: J.P. Morgan Downgrades RPX to Neutral on Valuation
May 03, 2013 at 09:14 AM EDT
In a report published Friday, J.P. Morgan analyst Paul Coster downgraded the rating on RPX Corp. (NASDAQ: RPXC ) from Overweight to Neutral, but reiterated the $16.00 price target. In the report, Coster noted, “RPX is an intellectual property risk management service company. RPX offers global operating company clients protection