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Wednesday, 26 December 2012

RIM Stock Rating Prices target $9.00 by Sanford

Stock Rating.blogspot.com ; RIM Stock Rating Prices target $9.00 by Sanford : Sanford C. Bernstein lowered shares of Research In Motion Limited (TSE: RIM) from an outperform rating to a market perform rating in a report released on Friday.


Shares of Research In Motion Limited traded down 3.31% during mid-day trading on Friday, hitting $10.50. Research In Motion Limited has a 52 week low of $6.10 and a 52 week high of $18.23. The company’s market cap is $5.504 billion.

A number of other firms have also recently commented on RIM. Analysts at CSFB raised their price target on shares of Research In Motion Limited from $7.00 to $11.00 in a research note to investors on Friday. 

They now have a neutral rating on the stock. Separately, analysts at Canaccord Genuity cut their price target on shares of Research In Motion Limited from $10.00 to $9.00 in a research note to investors on Friday. They now have a sell rating on the stock. Finally, analysts at Scotia Capital raised their price target on shares of Research In Motion Limited from $16.80 to $18.60 in a research note to investors on Friday. They now have a sector perform rating on the stock.

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