UPDATED 17:36 PM EST, February 7, 2013
TORONTO (AP) — Shares of BlackBerry maker Research In Motion rose 3 percent Thursday with Wells Fargo saying that better gross margins from the company's new phone will offset potentially limited demand.
THE SPARK: In a morning research note, analyst Maynard Um upgraded the shares to outperform. Um said the current valuation already discounts the potentially limited demand for RIM's new BlackBerry phone that was unveiled last week.
