LOOKING UP: Visitors checking out the Blackberry mobile phones at CeBit computer fair in Hanover, in this March 6, 2012, file photo. Research In Motion got a boost on Tuesday when one of its most influential critics raised his rating on the stock ahead of the launch of RIM's make-or-break new line of BlackBerry 10 devices. - Reuters
TORONTO: RESEARCH In Motion Ltd, for months enveloped by a wave of negative sentiment, got a boost on Tuesday when one of its most influential critics raised his rating on the stock ahead of the launch of RIM's make-or-break new line of BlackBerry 10 devices.
The upgrade by Jefferies & Co analyst Peter Misek pushed RIM's share price into double digits for the first time in five months, with the stock up more than 3 percent at US$10.04 (RM30) in early trading on the Nasdaq.
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