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Research in Motion Chief Executive Officer Thorsten Heins is silhouetted during the BlackBerry World event in Orlando in this May 1, 2012 file photo. Analysts cut their price targets for Research In Motion shares May 30, 2012 after its surprise warning of a likely fiscal first-quarter operating loss, and said the odds of a turnaround at the once iconic BlackBerry maker are fading fast. REUTERS/David Manning/Files (UNITED STATES - Tags: BUSINESS SCIENCE TECHNOLOGY TELECOMS)
Research in Motion Chief Executive Officer Thorsten Heins is silhouetted during the BlackBerry World event in Orlando in this May 1, 2012 file photo. Analysts cut their price targets for Research In Motion shares May 30, 2012 after its surprise warning of a likely fiscal first-quarter operating loss, and said the odds of a turnaround at the once iconic BlackBerry maker are fading fast. REUTERS/David Manning/Files (UNITED STATES - Tags: BUSINESS SCIENCE TECHNOLOGY TELECOMS)
(DAVID MANNING/)

Monday's analyst upgrades and downgrades

Inside the Market’s roundup of some of today’s key analyst actions. This file will be updated during the trading day. For breaking analyst actions prior to market open every day, read our Before the Bell morning report.

While warning longer-term risks are still very high, Cormark Securities analyst Richard Tse upgraded BlackBerry Ltd. today to "speculative buy" from "market perform" because of improved near-term sentiment for the stock.