TraderWise

BMO Capital analyst Tim Long this morning upped his rating on Research In Motion (RIMM) to Outperform from Market Perform, lifting his price target on the shares to $88, from $70. The stock closed Friday at $69.50. Long expects a "meaningful beat and raise" when the company reports results for the fiscal fourth quarter ended February; the numbers are scheduled to be announced . He upped his EPS estimate for the quarter to $1.32, from $1.28; for FY 2011 he goes to $5.40, from $5.17