Speaking at Research In Motion’s (NASDAQ:RIMM) annual meeting yesterday, co-CEO Jim Balsillie told shareholders at the that the company is facing challenges, citing delays in releasing the company's new operating system. Seven new BlackBerry smartphones will run the new operating system in the coming months. Balsillie also expects RIM will remain on track to meet its financial guidance. So far this year, RIM's share price has fallen over 50%. Meanwhile, shareholders have given the company six months to "prove" that its co-chief executive officers need to keep their co-chairmen titles for business reasons or face reintroduction of a proposal to split the roles.Research In Motion has a potential upside of 29.9% based on a current price of $28.48 and an average consensus analyst price target of $36.99.Research In Motion is currently below its 50-day moving average (MA) of $37.42 and below its 200-day MA of $53.25. In the last five trading sessions, the 50-day MA has fallen 3.87% while the 200-day MA has slid 0.54%.