RIM jumps 10 percent in Toronto trade after Goldman upgrade
TORONTO (Reuters) – Shares in Research In Motion Ltd rose more than 10 percent at the open on the Toronto Stock Exchange after Goldman Sachs upgraded the BlackBerry maker’s stock to a "buy" from a "neutral" recommendation. The stock traded at C$12. 02 ($12. 10), up from a close of C$11. 00 on Wednesday, after opening at C$12. 18. The brokerage joined a growing chorus of analysts to turn positive on the company’s prospects. (Reporting by Alastair Sharp; Editing by Gerald E. McCormick)
View full post on Tech News Headlines – Yahoo! News
Leave a Reply