[Reuters] Brokerages cut RIM price targets on profit warning

Posted by: UGN Security

[Reuters] Brokerages cut RIM price targets on profit warning - 12/05/11 05:34 AM

(Reuters) - At least four brokerages slashed their price targets on Research in Motion's U.S.-listed stock after the BlackBerry maker warned of lower profit amid falling sales and an inventory pile up of its PlayBook tablet.