Deutsche Bank Remains "Highly Cautious" On Research In Motion's (RIMM) Outlook

Deutsche Bank commented on Research In Motion Ltd. (Nasdaq: RIMM) today, saying they remain "highly cautious" about the company's outlook due to pressures on its enterprise business.

Commenting on RIM, the firm said, "We think trouble in macro economy will put serious pressure on their enterprise business. We would not be surprised to see a revision in the count for installed base. Our checks indicate that Bold shipments can only do so much to offset weakness of the Storm. While channel fill with Bold derivatives could prop them off for a quarter, we think its likely that they will continue their run of three consecutive quarters of disappointing earnings."

Shares of RIM are down 1.8% this AM to $44.18. The stock is up 11% YTD, but down 61% over the last 1-year period.

For more analyst ratings on RIMM click here.

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