Even though Caris & Co. analyst Robert Cihra sees Apple Inc.'s (NASDAQ:AAPL) iPhone and Google Inc.'s (NASDAQ:GOOG) Android dominating the smartphone market, he also believes Research in Motion Ltd. (NASDAQ:RIMM) positioned in a way that supports a “Unique Value-added Niche.”
Cihra said he thinks the company quarterly report next week will be in line with expectations, and should reveal solid sales of the BlackBerry Torch globally.
Caris maintains their "Buy" rating on Research in Motion, which closed Thursday at $61.29, down $0.08, or 0.13 percent. They raised their price target on them from $70 to $75.
Friday, December 10, 2010
Research in Motion (NASDAQ:RIMM) Carving “Unique Value-added Niche” Says Caris
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2 comments:
Droid will be announced to parralel BB OS QNX
Thank you FINALLY !! not a RIM basher, take note MOTLEY FOOLS.
your comments on RIM make me ill.
I think you put your own foot in your mouth.
No "JOBS" to big for RIM
Thanks Doug
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