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Research in Motion (RIMM): A 'love-hate' relationship |
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| Nov 19, 2009 03:50 PM UTC |
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Tracked Blogger
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Via BloggingStocks:
Filed under: Newsletters, Research in Motion (RIMM), Stocks to Buy "Suddenly, no one likes Research in Motion (RIMM) any more, at least that's the impression you get from the media," observes Gordon Pape. In his Internet Wealth Builder, he offers a contrary -- and bullish -- view of the smartphone maker. "To hear some analysts tell it, the BlackBerry maker is going the way of Nortel. It's just a matter of time. For example, analyst Jim Suva of Citigroup Global Markets recently issued a sell signal on the shares, saying that RIM's long-time dominance of the smart phones market is over. "For the record, many analysts disagree with Suva's assessment. Credit Suisse has reiterated its 'outperform' rating with a target price of $95. Bank of America/Merrill Lynch has a $100 target, Scotia Capital has a $103 target and CLSA Asia-Pacific Markets has a target of $100. Continue reading Research in Motion (RIMM): A 'love-hate' relationship Research in Motion (RIMM): A 'love-hate' relationship originally appeared on BloggingStocks on Thu, 19 Nov 2009 10:50:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments
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