RIM Laps Up BlackBerry 10 Love
NEW YORK ( TheStreet) -- Shares of Research In Motion (RIMM) made big gains on Friday as the embattled Canadian handset maker received some much-needed love ahead of its forthcoming BlackBerry 10 launch.
On Wednesday, before the market's Thanksgiving break, National Bank Financial analyst Kris Thompson increased his RIM price target to $15 from $12, citing investor opportunities ahead of BlackBerry 10's arrival next year.
RIM confirmed earlier this month that its much-delayed BlackBerry 10 devices will debut at a launch event on Jan. 30, 2013, prompting speculation that the gadgets will be available shortly after.
"We think there is more money to be made ahead of the C2013 launch of BB10," wrote Thompson. "The new
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