7:38 RIMM Research In Motion tgt raised to $140 from $100 at RBC (86.06 ) -Update-
RBC raises their tgt on RIMM to $140 from $100 following earnings. The firm says RIM beat Q2 expectations on new products, upgrades and channel expansion. The firm says while enterprise growth is expected to continue, Q2 results and guidance further improve visibility into RIM's 4x addressable market expansion via its consumer strategy, while affirming its competitive advantages against 'Blackberry Killers'.