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Despite positive comments on the PlayBook 2.0 update, analysts keep the HOLD rating on RIM's stock

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Despite positive comments on the PlayBook 2.0 update, analysts keep the HOLD rating on RIM's stock
Michael Walkley, tech analyst with the Canaccord Genuity investment research firm, has reiterated its HOLD rating on RIM's shares, keeping his $15 price target on the company's stock.

He comments in a note to clients that the PlayBook OS 2.0 update that we demonstrated for you at CES, brings in some impressive new features, but there are a number of headwinds for RIM this year, which makes him take a wait-and-see approach regarding the company's future.


The BlackBerry Playbook OS 2.0 update is about to hit RIM's tablets next month, the Canadians said, and it brings a number of communications, social networking integration and security features improvements.

via Forbes

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