Avian Upgrades RIM (RIMM) to Positive Ahead of Q1 Results

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An analyst at Avian Securities upgraded shares of Research In Motion Ltd. (NASDAQ: RIMM) from Neutral to Positive Thursday morning ahead of the BlackBerry-maker's Q1 results, due out after the market close.

In pre-market action, Research In Motion shares are up 0.2 percent to $35.25.

Notably, shares of RIM hit a fresh 52-week low Wednesday at $34.91. The stock has not been below $35 since the end of 2006.

A consensus of Wall Street analysts sees RIM reporting quarterly earnings of $1.32 per share on sales of $5.15 billion.

For more ratings news on Research In Motion Ltd. click here and for the rating history of Research In Motion Ltd. click here.

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