Canaccord Genuity says RIM shares are overpriced compared with fundamentals

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TORONTO - A Canaccord Genuity analyst has put a "sell" rating on Research In Motion shares (TSX:RIM) (Nasdaq:RIMM), saying they have become over priced on public markets compared with the company's fundamental attributes. The stock closed Friday at C$11.59 on the Toronto Stock Exchange and fell 26 cents in early trading after the report was issued.

Organizations: Research In Motion, Canaccord Genuity, TSX Toronto Stock Exchange

Geographic location: TORONTO

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