UBS Maintains a 'Neutral' on Research In Motion Ltd. (RIMM); Cutting Price Target

June 29, 2012 12:19 PM EDT Send to a Friend
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Price: $14.64 +12.36%

Rating Summary:
    0 Buy, 0 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 0 | Down: 0 | New: 6
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UBS maintains a 'Neutral' on Research In Motion Ltd. (NASDAQ: RIMM) price target of $10.50 (from $11.50).

Analyst, Amitabh Passi, lowering price target, citing the launch of the BB10 being pushed back to Q1 of 2013.

For an analyst ratings summary and ratings history on Research In Motion Ltd. click here. For more ratings news on Research In Motion Ltd. click here.

Shares of Research In Motion Ltd. closed at $9.13 yesterday, with a 52 week range of $8.83-$33.54.


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