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Re: Barclay's Capital Lowers to 2 - Equal Weight $32 price target
Totally unsurprising downgrade in my opinion (especially in light of RIMM's bad quarter) and indicative of how Wall Street continues to focus only on the short-term view (no more than 2 quarters out).
These analysts are basing their calls on current operations while fully considering the downside risks but not incorporating any of the upside potential. Until something changes (a new significant licensing deal or court victory), I would expect this view to remain in place.
