Baird Cuts RIM (RIMM) to Underperform, Sees Stock Falling Another 17%
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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: 8
Rating Summary:
0 Buy, 0 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 8
Trade RIMM Now!
An analyst at Baird downgraded shares of Research In Motion Ltd. (NASDAQ: RIMM) from Neutral to Underperform Friday following Q4 results and the resulting 12 percent slide in the stock.
The firm reduced its price target on RIM shares from $60 to $47, suggesting potential downside of about 17%.
For more ratings news on Research In Motion Ltd. click here and for the rating history of Research In Motion Ltd. click here.
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The firm reduced its price target on RIM shares from $60 to $47, suggesting potential downside of about 17%.
For more ratings news on Research In Motion Ltd. click here and for the rating history of Research In Motion Ltd. click here.
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