Susquehanna Downgrades RIM (RIMM) to Negative Ahead of Q2 Earnings on Thursday
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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: 13 | Down: 25 | New: 24
Rating Summary:
0 Buy, 0 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 25 | New: 24
Trade RIMM Now!
An analyst at Susquehanna has downgraded shares of Research In Motion (Nasdaq: RIMM) from Neutral to Negative this morning.
The equivalent of a Sell rating comes ahead of RIM's Q2 earnings report, expected out on Thursday, Sept. 16 after the market closes. In addition, it seems a round of bearishness has recently hit the maker of the BlackBerry: since mid-August (when RIM launched its new Torch and BlackBerry 6 software), ratings, price targets and estimates have been cut drastically by a number of firm's around the Street.
To see all of these market-moving research calls, check out our Analyst Ratings page.
With about two hours left in this morning's pre-market trading session, shares of Research In Motion are trading about 0.4% higher to $44.28.
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The equivalent of a Sell rating comes ahead of RIM's Q2 earnings report, expected out on Thursday, Sept. 16 after the market closes. In addition, it seems a round of bearishness has recently hit the maker of the BlackBerry: since mid-August (when RIM launched its new Torch and BlackBerry 6 software), ratings, price targets and estimates have been cut drastically by a number of firm's around the Street.
To see all of these market-moving research calls, check out our Analyst Ratings page.
With about two hours left in this morning's pre-market trading session, shares of Research In Motion are trading about 0.4% higher to $44.28.
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