Research In Motion Scores Bullish Analyst Notes

Filed under: Analyst Reports, Analyst Upgrades and Downgrades, Research in Motion (RIMM), Options, Technical Analysis, NASDAQ

Research In Motion Limited (RIMM) found itself basking in the glow of an analyst love-fest this morning. Bright and early, RBC raised its rating on RIMM from outperform to top pick, while Wedbush Morgan initiated coverage of the BlackBerry parent with an upbeat outperform rating.

In a note to clients, RBC argued that the stock's current price doesn't reflect potential bullish catalysts -- such as a new Web browser, fresh developer tools, and the prospect of a touchscreen Bold phone.

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Research In Motion Scores Bullish Analyst Notes originally appeared on BloggingStocks on Fri, 12 Feb 2010 17:40:00 EST. Please see our terms for use of feeds.

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