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Lehman Starts Palm, Handspring With Buy Ratings

Shares of



received a boost after

Lehman Brothers

initiated coverage on the Santa Clara, Calif., handheld computing company with a buy recommendation and a 12-month price target of $60.

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Shares of Palm recently rose $2.50, or 5.8%, to $45.50 in



Lehman also started coverage of rival handheld computer maker



with a buy and a price target of $90. Shares of Handspring went the opposite direction, trading down $2.63, or 4.1%, to $62.