UPDATE: Goldman Sachs Upgrades Research In Motion to Buy on Positive Risk/Reward
Posted on November 29, 2012 at 14:31 PM EST
Goldman Sachs raised its rating on Research In Motion (NASDAQ: RIMM ) from Neutral to Buy and increased its price target from $9 to $16. Goldman Sachs said, "We are upgrading Research in Motion (RIMM) to Buy from Neutral, as we see a positive risk/reward heading into its BlackBerry