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UPDATE: Hudson Square Research Downgrades Research In Motion to Hold on Risk?Reward

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Hudson Square Research reduced its rating on Research In Motion (NASDAQ: RIMM) from Buy to Hold.

Hudson Square Research said, "We downgrade RIM from Buy to Hold as we believe the risk / reward of owning the shares into the expected launch of BB10 next month has become less compelling and as the pressure to explore strategic options has diminished significantly."

Research In Motion closed at $13.63 on Wednesday.

Latest Ratings for RIMM

DateFirmActionFromTo
Jan 2013Credit SuisseDowngradesNeutralUnderperform
Jan 2013Evercore PartnersDowngradesEqual-weightUnderweight
Jan 2013Standpoint ResearchDowngradesBuyHold

View More Analyst Ratings for RIMM
View the Latest Analyst Ratings

Posted-In: Hudson Square ResearchAnalyst Color Downgrades Intraday Update Analyst Ratings

 

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