RIM shares rally as optimism about new devices grows
TORONTO (Reuters) – Shares of Research In Motion Ltd surged more than 15 percent in Toronto on Thursday on rising optimism about its soon-to-be-launched BlackBerry 10 devices, the company’s response to Apple’s iPhone and to Android-based smartphones. National Bank Financial analyst Kris Thompson boosted his price target on RIM shares to $15 from $12. He said he believes there is more money to be made in the stock ahead of the early 2013 launch of RIM’s make-or-break new line of devices. . . .
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