Research In Motion (RIMM -0.9%) underperforms after Barclays' Jeff Kvaal cuts shares to Equal Weight. While noting RIM trades at just 4x his FY12 EPS estimate, and that international growth could allow unit shipments to rebound a little, Kvaal thinks RIM's hold on the enterprise is breaking down, and is worried about the "uneven" migration to its next-gen OS.
Research in Motion (RIMM) will have resistance on the upside level at $20-$21 and support level is $18.This stock is play for take over target stock.
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