Research In Motion (RIMM) Downgraded at Both Gleacher and Credit Agricole Today

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Shares of Research In Motion Ltd. (NASDAQ: RIMM) are getting hit with a double dose of downgrades this morning. At last check, the stock is indicated about 0.8% lower than yesterday's closing price.

• Gleacher & Co. from Buy to Neutral. Price target raised from $60 to $70.
  
• Credit Agricole two notches from Buy to Underperform. Price target also raised from $65 to $68.

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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