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Enter Symbol:
 
Blackberry (BBRY) [hlAlert]

Rating:
Buy RIMM
down 89.43 %

Research In Motion (RIMM) upgraded to Buy with price target $80 by Standpoint Research

Posted on: Monday,  Feb 1, 2010  9:25 AM ET by Standpoint Research

Standpoint Research rated Buy Blackberry (NASDAQ: BBRY) on 02/01/2010, when the stock price was $63.79. Since
then, Blackberry has lost 89.43% as of 12/21/2015's recent price of $6.74.
If you would have followed this Standpoint Research's recommendation on BBRY, you would have lost 89.43% of your investment in 2149 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.

Standpoint Research provides independent equity research that is free from the conflicts of asset management, investment banking, proprietary trading, and fee-for-research arrangements. We provide thorough analysis, diagnostics and forecasts on domestic and international equities and markets backed by alpha-generating variables back-tested on many years of data. Standpoint Research currently advises and sells its research to pension funds, hedge funds and asset management firms. Wall Street analysts have an optimistic bias, while we are more objective. In fact some of the variables in our model that are looked at as positives by Wall Street actually carry negative weight in our model. We have a strict discipline that includes running our proprietary 155-variable valuation and diagnostics model with a personal and subjective overlay that has been proven to add value. The effectiveness is demonstrated through our impressive track record of recommendations.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/1/2010 9:25 AM Buy
None
63.79 80.00
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/18/2009 9:25 AM Hold
None
70.85 90.00

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