1. wolfd1's Avatar
    Based on Goldman Sachs' latest recommendation.

    'RIM shares continued their rollercoaster ride on Thursday after influential Wall Street investment bank Goldman Sachs slapped a 'buy' rating on the stock a suggestion it believes prices will go higher.

    RIM shares gained more than four per cent to close at $11.48 on the Toronto Stock Exchange on Thursday on heavy volume.

    A Goldman analyst who covers RIM changed his rating from 'neutral' to 'buy' because he says he now thinks the company's BlackBerry 10 line of smartphones slated to be released in the new year has a realistic chance of success.

    "We now assess a 30 per cent chance of success for BB10 given positive early reviews, broad based carrier support, attractive features, and interest by carriers and consumers in broadening the field behind Android-iOS (Apple)," the bank said."

    Source:

    RIM rally continues as Goldman Sachs calls shares a 'buy' - Business - CBC News
    12-01-12 02:40 PM
  2. howarmat's Avatar
    12-01-12 02:51 PM

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