RBC News

RBC: RIM’s turnaround remains cloudy

While sales of Research In Motion’s brand new BlackBerry 7 devices won’t be reflected in RIM’s second-quarter earnings report next week, analysts still aren’t sold that the device launches have positioned RIM to …

RIM is bloody but not dead yet, RBC says

In a note to investors Friday morning, RBC Capital Markets Managing Director Mike Abramsky lowered his target on shares of RIM stock from $45 to $35 with a Sector Perform rating. Following yesterday’s bloodbath …

RBC: iPhone sales to hit 70 million in 2011

In a price target revision sent to investors Wednesday morning, RBC Capital Markets Managing Director Mike Abramsky raised the firm’s target for Apple stock to $395 from $365. RBC also raised its revenue …