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

November 26, 2012 6:38 AM EST
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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.

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