Jefferies Cuts Price Target On Research In Motion (RIMM)
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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: 0 | Down: 0 | New: 0
Rating Summary:
0 Buy, 0 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
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Jefferies cut its price target on Research In Motion Ltd. (NASDAQ: RIMM) from $21 to $18, while maintaining an Underperform rating on the shares.
The firm cited ripple effect of Playbook execution issues leading to QNX delays, QNX has integration issue, BB OS 7 phones see lackluster sell-throug, carrier support flagging, among other things.
For more ratings news on Research In Motion Ltd. click here and for the rating history of Research In Motion Ltd. click here.
Shares of Research In Motion Ltd. closed at $18.91 yesterday.
The firm cited ripple effect of Playbook execution issues leading to QNX delays, QNX has integration issue, BB OS 7 phones see lackluster sell-throug, carrier support flagging, among other things.
For more ratings news on Research In Motion Ltd. click here and for the rating history of Research In Motion Ltd. click here.
Shares of Research In Motion Ltd. closed at $18.91 yesterday.
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