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MOT is up 34 cents, or 4%, to $8.91. RIMM is down $4.22, or -7.19%, ... Smartphone News forum

  1. #1
    hayden's Avatar
    hayden no está en línea Stack Mod
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    Jul 2004

    SmartPhones: Citi Downgrades RIMM, PALM To Sell; Upgrades MOT To Buy


    • MOT is up 34 cents, or 4%, to $8.91.
    • RIMM is down $4.22, or -7.19%, to $54.51.
    • PALM is down 40 cents, or 3.44%, to $11.24.

    Citigroup analyst Jim Suva this morning upgrade MOT shares to Buy from Sell, while also downgrading both Palm (PALM) and Research In Motion (RIMM) to Sell ratings. (He previously had a Buy on RIMM and a Hold on Palm). In short, he is highly impressed with the new Android phones from Motorola, and he thinks they are going to take a significant toll on the competition.

    Also note a recent changewave satisfaction rating survey.

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  2. #2
    bmay82's Avatar
    bmay82 no está en línea Stack Professional
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    Feb 2008
    Guess we should be buying up MOP.... wish I had some $$$$

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