Bernstein Upgrades Research In Motion (RIMM) to Market Perform; Possible Takeover
RIMM Hot Sheet
Rating Summary:5 Buy, 32 Hold, 14 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 16 | Down: 7 | New: 23
Bernstein upgraded Research In Motion Ltd. (NASDAQ: RIMM) from Underperform to Market Perform with a price target of $16 (down form $20).
The firm said the current challenges are well understood and shareholder activism may lead to management change or a takeover.
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 $16.48 yesterday, with a 52 week range of $15.98-$70.54.
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The firm said the current challenges are well understood and shareholder activism may lead to management change or a takeover.
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 $16.48 yesterday, with a 52 week range of $15.98-$70.54.
Discover Wall Street's best ratings calls with the pros - Upgrade to Ratings Insider Elite. Free Trial!
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