Home Wealth  Money Analyst Moves: RIMM, WAG

Analyst Moves: RIMM, WAG

Posted: Jul. 23rd, 2012  |  By Forbes

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Research In Motion was downgraded today by JMP Securities. A Market Underperform rating was assigned with a $12 price target. Estimates were also cut, as the smartphone sector is experiencing increased competition.

Shares are lower by over 3.8 percent.

Walgreen (nyse: WAG - news - people ) was downgraded today by Morgan Stanley (nyse: MS - news - people ) from overweight to underweight with a $29 price target, as a resolution with Express Scripts (nasdaq: ESRX - news - people ) appears less likely.

Shares are lower by about 4.25 percent.

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