Edelman Lost Palm, And Likely A Major Headache

Palm pulled all of its PR in house this past February, ending a 14-year agency of record relationship with Edelman.

While Edelman still works with the company on a project basis, it appears Palm has descended beyond the point where PR can do much to help them. Counter argument: Palm needs good PR counselors now more than ever.

Two analysts today lowered their price targets on Palm’s stock to $0. Morgan Joseph & Co. analyst Ilya Grozovsky, told

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