Plus Wall Street analyst opinions on Nasdaq OMX and Qwest Communications

Research In Motion Ltd. (RIMM)

Kaufman Brothers reiterates buy

Kaufman Brothers Shaw Wu said in a Jan. 11 note that the firm hosted an investor meeting with Research In Motion at the Consumer Electronics Show (CES) in Las Vegas last week. Wu said that among key takeaways from the meeting include his belief that the BlackBerry maker has a significant advantage over other wireless companies with its push technology and better utilization of bandwidth.

“Contrary to popular belief, adding more cell towers doesn’t fix the problem as it also introduces interference and cross-talk,” Wu wrote in a Jan. 11 note.

Wu also believes RIM Lack of carrier exclusivity not a company concern where it has competed effectively at AT&T and in Europe. The analyst said he reiterated his buy rating on the shares as he continues to believe “the company is well positioned in the smart phone space with its vertical integration and superior push network technology.” Wu sees several catalysts ahead for RIM, including a new WebKit-based browser and new BlackBerry models.

The analyst has a price target of $93 on RIM shares.

Corning Inc. (GLW)

Deutsche Bank upgrades to buy

Deutsche Bank analyst Carter Shoop upgraded shares of Corning on Jan. 11. Shoop believes Wall Street earnings estimates for the world’s biggest maker of glass for liquid-crystal displays (LCD) will trend higher following robust demand in the TV and PC markets and “tight” production capacity in 2010.

“This improved outlook, in addition to GLW’s foray into glass for thin film solar, we believe will drive its multiple higher,” Shoop wrote in a note.

Shoop raised his price target on Corning shares by $5 to $24 on the assumption that Corning’s glass business is worth $17 per share, while its other assets are worth $7, given the general market recovery, increased confidence in LCD demand and “a more constructive view” on its thin film solar potential.

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