[Reuters] RIM shares rally as optimism around new devices grows

Posted by: UGN Security

[Reuters] RIM shares rally as optimism around new devices grows - 11/22/12 04:27 PM

TORONTO (Reuters) - Shares of Research In Motion Ltd surged more than 11 percent in Toronto on Thursday, after an analyst raised his price target on the stock, citing "positive sentiment building in the industry" ahead of the launch of BlackBerry 10.