RIM (RIMM) -4.8% to $13.14, probably on more analyst criticism. Northern Securities' Sameet...

|By:, SA News Editor

RIM (RIMM) -4.8% to $13.14, probably on more analyst criticism. Northern Securities' Sameet Kanade slashes his target to $7 from $24 and downgrades RIM to "sell" from "speculative buy." Kanade forecasts that RIM's service revenues will plummet to $2/sub by Feb 2013 from $5. Northern Securities isn't without interest, though. (previous)