By: Benzinga
UPDATE: Credit Suisse Downgrades Research In Motion to Underperform on Challenging Transition
Credit Suisse downgraded Research in Motion Limited (NASDAQ: RIMM ) from Neutral to Underperform and lowered the price target from $11.00 to $10.00. Credit Suisse noted, "Despite recent enthusiasm for RIM's new BB10 devices, we see limited scope for traction in the hypercompetitive smartphone market. Furthermore, we believe that RIM's
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