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Research in Motion (RIMM) is upgraded to Hold from Sell by Jefferies' Peter Misek, who says this...

Research in Motion (RIMM) is upgraded to Hold from Sell by Jefferies' Peter Misek, who says this could be a $43 stock in a year if things go well. A Jeffco survey indicates carriers have a far more positive view of the BB10 than Misek expected, and he gives the phone a 20%-30% chance of success. The Ax in RIMM, according to Notable Calls, Misek's last upgrade of the stock presaged a one-month 40% move. Shares +4.8% premarket.
Comments (6)
  • LoganSix
    , contributor
    Comments (276) | Send Message
     
    Isn't that the same guy who said BB10 would be released in March and that March wasn't Q1?
    20 Nov 2012, 07:55 AM Reply Like
  • bedrock65
    , contributor
    Comments (637) | Send Message
     
    Yes he was. Fact of the matter is RIM's success with BB10 is a wild card, no one really knows not even the experts.
    20 Nov 2012, 08:05 AM Reply Like
  • redwoodsman
    , contributor
    Comments (112) | Send Message
     
    Says you, RIM has a unique and top quality product and OS that will succeed. There is no doubt about it contrary to your opinions.
    20 Nov 2012, 09:09 AM Reply Like
  • XRTrader
    , contributor
    Comments (609) | Send Message
     
    Well - if you believe $43 on RIMM, there are some super cheap Jan 2014 Calls at $15 and higher that you can buy.
    20 Nov 2012, 09:46 AM Reply Like
  • md03wx
    , contributor
    Comments (3) | Send Message
     
    RIM doesn't have to have the market share of Apple or Samsung to succeed. The phone will do well enough and RIM will stay afloat ..
    20 Nov 2012, 10:58 AM Reply Like
  • kherman
    , contributor
    Comments (738) | Send Message
     
    Corrected:

     

    RIM CURRENTLY does not have the market share ...

     

    But your conclusion is correct.
    23 Nov 2012, 11:00 AM Reply Like
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