RIM Stock is UP! UP! UP!

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RIM shares rose nearly 2% after Peter Misek at Jefferies & Co upgraded the company from “Hold” to “Buy”.  Misek cites the new operating system with a good web browser, which can run on low end or high end devices which allows for developers to adapt programs made for other gadgets.  He also states that RIM is seeing growth in the international market, and market share loss among business users is not happening as quickly as feared.

Source: CB Online

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