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BMO downgrades RIM to 'underperform,' cuts price target Add to ...

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BMO Nesbitt Burns analyst Tim Long has downgraded Research In Motion Ltd. to an "underperform" rating, predicting that the launch of BlackBerry 10 devices later this month will do little to stem the loss of its market share.

Mr. Long, who previously rated RIM as "market perform," also slashed his price target to $9 from $12 (U.S.). 

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