CIBC Upgrades RIM (RIMM) Two Notches to Sector Outperform; Cites BB10, Devices on Move

Article Related Articles (2) Stock Quotes (1) Comments (0)

CIBC upgrades Research In Motion Ltd. (Nasdaq: RIMM) two-notches from Sector Underperform to Sector Outperform.

The firm cited market sentiment, the launch of BlackBerry 10, and new, more competitive devices playing out well for RIM as three key factors in the move.

For an analyst ratings summary and ratings history on Research In Motion Ltd. click here. For more ratings news on Research In Motion Ltd. click here.

Shares of Research In Motion Ltd. closed at $11.66 yesterday, with a 52 week range of $6.22-$18.77.

---

Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW

---

*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here

---

---

You May Also Be Interested In

• UPDATE: Cantor Fitzgerald Upgrades Cubist Pharmaceuticals (CBST) to Hold
• Macquarie Upgrades BlackRock (BLK) to Outperform
• Stephens Upgrades IberiaBank (IBKC) to Overweight

Create E-mail Alert Related Categories

Hot Upgrades, Upgrades

Related Entities

CIBC

Add Your Comment

Name

Subject

Body

Share on Facebook

Verification
can't see the text?
click here to refresh the image.
what's this?