Research in Motion price target raised to $19 from $11 at RBC Capital

theflyonthewall.com

RBC Capital increased its price target on RIM as it believes that sentiment towards the stock has become more positive and it expects numerous carriers to promote the company's new BlackBerry 10 product. However, the firm doesn't expect the company to generate normalized earnings until FY15 and it maintains a Sector Perform rating on the stock.

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