Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Markets & Finance

CIBC Keeps 'Sector Perform' on Research In Motion

CIBC World keeps its sector perform rating on Research In Motion (RIMM).

Analyst Dale Pfau says the agreement to settle litigation with Good Technology clearly shows that patents held by RIMM are valid. While this doesn't prevent Good Technology from selling its products, Pfau believes the agreement puts Good at a disadvantage on a cost basis.

Pfau doesn't think the agreement will have meaningful impact on RIMM's model, but he continues to believe that the fundamental outlook is improving, with the potential for upside to his $115 price target. He sees 95 cents fiscal 2004 (Feb.) earnings per share, and $2.74 in fiscal 2005.

blog comments powered by Disqus