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Enter Symbol:
 
Blackberry (BBRY) [hlAlert]

Rating:
Underperform
RIMM
down 81.26 %

Research In Motion (RIMM) downgraded to Underperform with price target $9 by BMO Capital Markets

Posted on: Friday,  Jan 11, 2013  1:25 PM ET by BMO Capital Markets

BMO Capital Markets rated Underperform Blackberry (NASDAQ: BBRY) on 01/11/2013. Previously BMO Capital Markets rated Outperform Blackberry (NASDAQ: BBRY) on 03/08/2010.,
when the stock price was $70.62. Since then, Blackberry has lost 81.27% as of 01/11/2013's recent price of $13.23.
If you would have followed the previous BMO Capital Markets's recommendation on BBRY, you would have lost 81.26% of your investment in 1040 days.

RESEARCH IN MOTION is a world leader in the mobile communications market and has a history of developing breakthrough wireless solutions. RIM's portfolio of award-winning products, services and embedded technologies are used by thousands of organizations around the world and include the BlackBerry wireless platform, the RIM Wireless Handheld product line, software development tools, radio-modems and software/hardware licensing agreements.

The U.S. Equity Research team comprises over 25 analysts located in New York, Atlanta, Boston, Denver, Houston and Los Angeles. We cover more than 375 stocks and also provide equity strategy, quantitative analysis and portfolio management services to our clients. Our goal is to identify the best sectors to invest in, and the best stocks within those sectors, in order to help our clients maximize their portfolio returns. Our award-winning analysts provide research that is informative, perceptive and actionable.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/11/2013 1:25 PM Sell
None
13.23 9.00
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/8/2010 8:25 AM Buy
None
70.62 88.00
11/18/2009 8:25 AM Hold
None
60.55 64.00
6/30/2009 8:25 AM Buy
None
71.09 100.00
6/26/2008 10:25 AM Buy
None
125.45 165.00
9/14/2007 9:25 AM Buy
None
86.31 100.00

(*) Stock Price at the time of the recommendation.
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