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Analyst boosts BlackBerry maker's target to $156 from $124 , saying company is gaining share ... Smartphone News forum

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    hayden's Avatar
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    Research in Motion's target price raised to $156

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    Analyst boosts BlackBerry maker's target to $156 from $124 , saying company is gaining share in handset market.

    An analyst boosted his price target on Research in Motion Ltd. Monday, saying the BlackBerry smartphone maker continues to gain market share even as the handset market performs sluggishly. Piper Jaffray analyst T. Michael Walkley boosted his price target to $156 from $124, implying he expects the stock to rise 8% over Friday's $144.56 close.

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    I think I need to start buying RIM stocks..This is ridicules.

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    I said the same thing when I noticed it hit $140.

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