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Analyst Moves: RIMM, RIG

Market News Video
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November 09, 2010 AT 3:14 PM
This morning, the Kaufman Brothers downgraded shares of Research in Motion (RIMM) from buy to hold as competition from Apple (AAPL), Microsoft (MSFT) and Google (GOOG) could impact sales in the coming quarters. With the downgrade, the firm maintained its price target of $60 per share.