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

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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3 Comments

1. bossmt_2

Posts: 459; Member since: Oct 13, 2009

Blackberry's been dead in the water for a long time. They missed their chance when iPhone was only on AT&T and Android was just coming out on T-Mo

2. thelegend6657 unregistered

The playbook is nice but it's too small and does not support phone calls like original international galaxy tab 7

3. henrickrw

Posts: 408; Member since: Sep 16, 2011

The playbook is cool...!!!!

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