RIMM SALGONO UTILE E VENDITE MA SOTTO attese

April 24, 2009, 11:00 am
by E Savitz Citigroup analyst Jim Suva this morning upped his rating on Research In Motion (RIMM) to Buy from Hold, while increasing his target on the stock to $100, from $65. (Note that the stock at yesterday’s close of $68.27 had topped his old target.)
Suva notes that his September 2008 downgrade had been based on concerns over deteriorating margins. But he writes that he now has increased confidence that gross margin has stabilized in the 42%-44% range. Stable margins combined with “stellar top line growth from consumer uptake” should drive a positive EPS revision cycle, he says. The $100 target is about 20x his above-consensus FY 2011 EPs estimate of $4.78.

“While we recognize RIMM shares’ outperformance since [the] April 2 earnings call, we see additional gains as RIMM offers rare growth in [the] wireless sector,” he writes. Suva adds that the stock is now on the firm’s top Picks Live list as one of their best ideas for new money.
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http://blogs.barrons.com/techtrader...arch-in-motion-citi-upgrades-sets-100-target/
 
Fri May 1, 2009 1:19pm EDT
TORONTO (Reuters) - Shares of BlackBerry maker Research In Motion (RIM.TO) (RIMM.O) rose 4 percent on Friday after analysts at UBS Investment Research upgraded the stock and said the company stands to gain from the corporate side of its business once the economy rebounds.
UBS analysts Maynard Um and Jeffrey Fan wrote that RIM faces little competition in the "enterprise" market -- made up of large corporations and government departments -- and even though this market is pressured today, it will be a source of strength for RIM when the economy firms up.
"We recommend investors look to RIM ahead of the recovery," they wrote in a note to clients. "We are less concerned with gross margin as we believe we factor in pressures."
They raised their rating on the stock to "buy" from "neutral" and hiked their price target to $90 from $65.
RIM shares were up 4 percent to $72.30 on Nasdaq on Friday morning. On the Toronto Stock Exchange, the shares were up 3.8 percent to C$85.59.
Um and Fan wrote that once big companies begin rehiring employees in 2010, they expect there will be continued and pent-up demand for Waterloo, Ontario-based RIM's BlackBerry smartphones.
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http://www.reuters.com/article/hotStocksNews/idUSTRE5404JJ20090501
 
08 Marzo, 2010

BMO Capital Markets ha alzato il suo rating su Research In Motion (CA7609751028)da "Market perform" ad "Outperform" ed il target sul prezzo da $70 a $88. Il broker crede che la trimestrale dell'impresa del BlackBerry batterà chiaramente le attese di Wall Street. Secondo BMO Research In Motion avrebbe registrato lo scorso trimestre una forte crescita in tutte le regioni in cui vende i suoi prodotti. BMO osserva inoltre che il lancio di un iPhone basato sulla tecnologia CDMA sembra tardare, Research In Motion dovrebbe di conseguenza rafforzare ulteriormente la sua posizione di mercato nel segmento degli smartphones. BMO crede inoltre che l'impresa canadese continuerà a generare un solido cash flow.
Research In Motion pubblica i suoi dati di bilancio il prossimo 31 marzo

Tlc: Un broker ottimista sulla trimestrale di Research In Motion - Borsa, Finanza, Investimenti

Notable Upgraded Tech. Stocks (RIMM, YHOO, CSCO, ADCT)
 
April 01, 2010

Yesterday after market close, Research In Motion Ltd. declared its fourth quarter fiscal 2010 financial results, which were below the Zacks Consensus Estimate. Consequently, its stock price was down $3.42 (4.62%) to $70.55 in after-market trade on Nasdaq.

Nevertheless, management provided a solid financial guidance for the ongoing first quarter of fiscal 2011, which may act as a silver lining for the stock in the near term.

Fourth quarter 2010 total revenue of $4.08 billion was up 18% year-over-year and 4% sequentially. However, the quarterly revenue was far below the Zacks Consensus Estimate of $4.30 billion. This was primarily due to lower BlackBerry device shipments of 10.5 million units compared to the average expectation of 11 million units.

RIMM claimed that the lower device shipment was due to inventory reduction by a major wireless service provider. Although BlackBerry still holds its market leadership position in the North American region, it seems the company is losing out to the iconic touchscreen smartphones of Apple Inc.
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RIMM Misses but Outlook Strong - Zacks.com
 
April 1, 2010 8:15 AM EDT

Despite disappointing Q4 results after the close from RIMM analysts at Needham & Company are reiterating their Buy rating and $90 price target.

The firm contends, "RIM is embracing a strategy first enunciated two quarters ago. To generate continued growth, the company is targeting international markets and going after the prepaid subscriber. This should translate into continued growth in new activations and shipments but in low average selling prices."

StreetInsider.com - Needham & Company Sticks With 'Buy' On Research in Motion (RIMM)

April 1, 2010 11:09 AM EDT

UBS maintains a 'Neutral' rating on Research in Motion , raises price target from $72 to $75.
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StreetInsider.com - UBS Maintains a 'Neutral' on Research in Motion (RIMM); Uncertainties Keep Us On The Sidelines


April 1, 2010 11:35 AM EDT

Broadpoint.AmTech maintained their Buy rating and $90 price target on RIMM
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The firm raised FY11 EPS estimate from $5.40 to $5.45 on $18.5bil sales. They firm introduced a FY12 estimate of $6.25 which factors in an iPhone launch at VZ in early CY11.

StreetInsider.com - Broadpoint.AmTech Still Positive On Research In Motion (RIMM) Despite Q4 'Miss'
 

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