MF Global Upgraded Research In Motion (RIMM) to Buy

September 30, 2008 5:15 PM EDT

MF Global upgraded Research In Motion Ltd. (Nasdaq: RIMM) from Sell to Buy with a $90 price target.

Shares of Research In Motion closed up nearly 11% today to $68.30 after sinking 13% yesterday.

Research In Motion Limited engages in the design, manufacture, and marketing of wireless solutions for the mobile communications market worldwide. It provides platforms and solutions for access to time-sensitive information, including email, phone, short messaging service, Internet, and intranet-based applications.


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RIMM 37.20

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