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News Breaks | | | | February 1, 2013 | | 07:39 EDT |  | RIMM | Research in Motion software opportunities being overlooked, says Jefferies
Jefferies believes the market is focusing solely on Research in Motion's new phones and overlooking the company's software opportunities in mobile device management and bring-your-own-device. Jefferies estimates that success in these software opportunities could add $16 per share of value to RIM, which would be on top of the firm's $16 per share valuation should Blackberry remain an enterprise niche with strong services adoption. Jefferies has a Buy rating on RIM shares with a $19.50 price target. | |
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