Their announcements comes while Kodak is suing Apple (NASDQ: AAPL) and Research in Motion (NASDAQ:RIMM) claiming their camera phone features infringe on some of its patents.
Eastman Kodak (NYSE:EK) has a potential upside of 97.2% based on a current price of $2.35 and an average consensus analyst price target of $4.63.
Eastman Kodak is currently below its 50-day moving average (MA) of $3.19 and below its 200-day MA of $3.91.
In the last five tradin
Kodak said Wednesday that it is searching for ways to change 1,100 patents on digital imaging into ready money, possibly through a sale.