JPMorgan Maintains a 'Neutral' on Research In Motion (RIMM); Sees Delay in BlackBerry 10 and Continued Market Share Loss
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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: 14 | New: 11
Rating Summary:
0 Buy, 0 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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JPMorgan maintains a 'Neutral' on Research In Motion Ltd. (NASDAQ: RIMM) price target of $17.00.
Analyst Rod Hall sees RIMM's (smartphone) market share falling from ~11% to ~7% by the end of 4Q '13. Hall also says RIMM's 'Increasingly Likely' to delay the BlackBerry 10 into the 2nd half after the recent delay of its Playbook OS.
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 $16.21 yesterday.
Analyst Rod Hall sees RIMM's (smartphone) market share falling from ~11% to ~7% by the end of 4Q '13. Hall also says RIMM's 'Increasingly Likely' to delay the BlackBerry 10 into the 2nd half after the recent delay of its Playbook OS.
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 $16.21 yesterday.
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