Wells Fargo Upgrades Research In Motion Ltd. (BBRY) to Outperform as New Analyst Takes Over
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BlackBerry (BBRY) Z10 Selling Like Hotcakes in Canada; Co. Could Grow Apps 10-Fold - Analyst
February 7, 2013 11:33 AM ESTIn addition to BlackBerry (NASDAQ: BBRY) receiving a glowing upgrade at Wells Fargo today, other analysts note continued reasons to be bullish. Today, Jefferies' Peter Misek said their Canada store check showed solid demand.
After contacting 50 stores following the Z10's Canadian launch on 2/5, Misek said most stores were sold out or had limited stock.
"In Toronto and Vancouver most of the remaining stores only had limited stock (generally a few white Z10s) with more stock available in the Prairie provinces," Misek notes. "Some larger stores had 30-50 in their initial... More
