Market Overview

UPDATE: National Bank Financial Raises PT to $15 on BlackBerry 10 February Launch Expectation

Related RIMM
Blackberry's Investor Strategy
A Peek Into The Market Before The Trading Starts

National Bank Financial reiterated its Outperform rating on Research In Motion (NASDAQ: RIMM) and increased its price target from $12 to $15.

National Bank Financial commented, "Increasing target price to $15/sh; we think there is MORE money to be made ahead of the C2013 launch of BB 10. The new management team is executing by maintaining the BlackBerry subscriber base, managing costs and cash, and seemingly readying a February 2013 BB10 global platform launch. Most analysts were expecting a March launch."

Research In Motion closed at $10.26 on Wednesday.

Latest Ratings for RIMM

Jan 2013Credit SuisseDowngradesNeutralUnderperform
Jan 2013Evercore PartnersDowngradesEqual-WeightUnderweight
Jan 2013RBC CapitalMaintainsSector Perform

View More Analyst Ratings for RIMM
View the Latest Analyst Ratings

Posted-In: National Bank FinancialAnalyst Color Price Target Pre-Market Outlook Analyst Ratings


Related Articles (RIMM)

View Comments and Join the Discussion!

Partner Center