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Monday, December 1, 2008

Research in Motion RIMM downgraded Raymond James

12/01/08 - Raymond James has come out this morning and cut their price target on Research in Motion ( RIIM ) from $80 to $72. I'm guessing they are citing weak holiday sales.

Upgrades & Downgrades 12/01/08

Bankrate RATE - Citigroup from Hold to Buy
Toll Brothers TOL - Credit Suisse from Underperform to Neutral

Abercrombie & Fitch ANF - Pali Research to Sell - Price Target $18 to $15
Morgan Stanley MS - Credit Suisse to Outperform - Price Target $45 to $37.5
Goldman Sachs GS - Credit Suisse to Outperform - Price Target $187.5 to $140

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