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Research In Motion Should Be Selling Off on Latest Goldman Call
Goldman Sachs is raising its target on Research In Motion (RIMM) to $163 from $148 but there are actually some cautious tones in the note.
The Firm is incrementally more cautious heading into the FY1Q earnings report and expects August Quarter guidance to be slightly below consensus expectations.
Notablecalls: While RIMM is trading up in the pre market in reaction to Briefing.com reporting the call as positive, it's actually a short here.
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This article has 2 comments:
- False Profit
- 49 Comments
Jun 03 09:01 AM- meh
- 9 Comments
Jun 04 12:47 AM