Wunderlich Cuts Research In Motion (RIMM) to Hold

May 24, 2011 6:59 AM UTC
Get Alerts RIMM Hot Sheet
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
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An analyst at Wunderlich Securities downgraded shares of Research In Motion Ltd. (NASDAQ: RIMM) from Buy to Hold. The firm's price target was slashed from $76 to $46.

With RIM shares closing at $43.52 Monday afternoon, Wunderlich's new price target implies potential upside of about 6 percent.

For more ratings news on Research In Motion Ltd. click here and for the rating history of Research In Motion Ltd. click here.


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