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Stock Market & Financial Investment News

News Breaks
September 26, 2012
07:20 EDTRIMMResearch in Motion subscriber forecast raised at Goldman
Following Research in Motion's developers conference, Goldman raised the company's subscriber forecasts by 16% but said earnings estimates were little changed due to lower ASPs. The firm noted that Research in Motion's subscriber base grew to 80M, implying growth above its expectations. Shares are Neutral rated with a $9 price target.
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