Wunderlich Leaves Estimates Unchanged For RIMM

Research In Motion, Ltd. RIMM is scheduled to report F2Q11 results on 9/16 after market close. Wunderlich's estimates reflect the low end of guidance metrics, despite the timeliness of the Torch launch and Blackberry 6 operating system. RIMM's strength in Latin America has been offsetting the effects of Middle East and Asian controversy, according to Wunderlich's monitoring of business in Latin American which has been reported very strong in correlation with Flextronics International Ltd. FLEX in Brazil. Wunderlich reiterates its Buy rating and $67 price target. Research In Motion, Ltd. Closed yesterday at $44.15.