Tag: Credit-Suisse

RIM stock hits 52-week high


Stock marketRIM’s stock hit a wooping $137.01 yesterday, marking a new peak for our buddies in Waterloo. A big part of the rally could be attributed to Credit Suisse for upgraded their old neutral rating and RBC Capital Markets for bumping their target price up to $180 from $120. You know, we’d love to do more stock news, but seems like every time we check out the ticker, it’s nothing beyond “yep, RIM’s doing awesome”. C’mon RIM, give us poor bloggers something catastrophic to work with, here. As of this morning, RIMM sits at $130.50.

UPDATE: RIM’s stock seems to be taking a pretty hefty drop today, despite the high yesterday. It’s down to 117.08… I guess this is the dive I was asking for, huh?