Bernstein Slaps Underperform on Research In Motion (RIMM)
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An analyst at Sanford C. Bernstein has just initiated coverage on shares of Research In Motion (Nasdaq: RIMM) with an Underperform rating this afternoon. The analyst also set a $60 price target, which, with shares of RIM closing at $65.38 today, represents potential downside of about 8%.
Visit our Analyst Ratings page to see all the market-moving analyst upgrades/downgrades/new coverage on shares of Research In Motion.
Research In Motion Limited (RIM) is a designer, manufacturer and marketer of wireless solutions for the worldwide mobile communications market.
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