RIMM: Sell-Off Unwarranted, Says Bernstein, Sees Upside to $20
Posted on December 21, 2012 at 18:07 PM EST
In the thicket of negative sell-side reports on Research in Motion‘s (RIMM) today, following its fiscal Q3 report last night, at least one analyst thought today’s sell-off was an over-reaction. RIM shares today traded down $3.21, or 22.7%, to close at $10.91, reversing gains last night, as comments from management on the post-report conference call [...]