'Controlled Launch' May Limit Initial BB10 Sales (RIMM)
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UPDATE: Canaccord Genuity Downgrades Research In Motion Ltd. (RIMM) to Sell, Fundamentals Still Stink
December 3, 2012 7:25 AM EST(Updated - December 3, 2012 8:24 AM EST)
Canaccord Genuity downgraded Research In Motion Ltd. (NASDAQ: RIMM) from Hold to Sell with a price target of $10.00, saying the fundamentals do not support recent share appreciation.
"Over the past month, RIM shares have markedly increased ahead of the January 30 launch of long-awaited high-tier BlackBerry 10 smartphones. While initial... More
StreetInsider.com's Rating Du Jour 11/29: Goldman Sachs Goes RIM-Wild (RIMM)
November 29, 2012 9:16 AM ESTStreetInsider.com's Rating Du Jour for November 29, 2012 is Goldman Sachs' call on RIM (NASDAQ: RIMM).
Goldman Sachs upgraded the embattled smartphone maker to Buy from Neutral, saying they see positive risk/reward heading into its BlackBerry 10 (BB10) launch on January 30.
"For the first time in 3 years, we think out-year Street estimates are too low, as they dont capture: (1) the ASP lift from BB10; (2) the associated margin... More
Goldman Upgrades RIM (RIMM) to Buy; Upcoming BB10 Launch Improves Risk/Reward
November 29, 2012 6:51 AM ESTResearch In Motion (Nasdaq: RIMM) shares are on the rise Thursday morning following an upgrade by Goldman Sachs from Neutral to Buy, with its price target increased from $9 to $16, implying 44 percent of upside.
RIM's BB10 launch should be a strong one, according to Goldman, with... More
Morgan Stanley Warns on RIM (RIMM); Overhype on BB10 Makes Shares 'Un-Investable'
November 26, 2012 8:48 AM ESTResearch In Motion (Nasdaq: RIMM) is active in pre-market action Monday following a two-notch upgrade at CIBC to Market Outperform earlier.
However, Morgan Stanley is offering more advice on the stock today: stay away, stay far away.
Morgan Stanley analyst Ehud... More
CIBC Upgrades RIM (RIMM) Two Notches to Sector Outperform; Cites BB10, Devices on Move
November 26, 2012 6:38 AM ESTCIBC upgrades Research In Motion Ltd. (Nasdaq: RIMM) two-notches from Sector Underperform to Sector Outperform.
The firm cited market sentiment, the launch of BlackBerry 10, and new, more competitive devices playing out well for RIM as three key factors in the move.... More
