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Byron Capital's Tom Astle says his original premise was that RIM was trading at a significant discount to tangible book value and that sentiment would improve and close this gap before the launch of the BlackBerry 10 platform. He says now that this has happened, RIM will need to find earnings support.
Byron Capital raises target on Research in Motion to $14

Earlier this month, Byron Capital analyst Tom Astle openly questioned his own sanity when he initiated coverage of Research in...