Canaccord Capital: Research In Motion “buy”


Analysts at Canaccord Capital maintain their “buy” rating on Research In Motion Ltd. The target price is set to $90.

In a research note published this morning, the analysts mention that the company’s unique BlackBerry-enabling technology is expected to be useful for non-handheld devices, such as laptops. Research In Motion’s data transmission technology limits bandwidth consumption and reduces radio usage, leading to conservation of battery life and limited heat generation, the analysts say.