Struggling BlackBerry maker Research In Motion (NYSE:BB) recently received a rare analyst upgrade from Jefferies analyst Peter Misek. Carriers are starting to show more interest in BlackBerry 10, but they have a vested interest in reducing the influence of Apple (NASDAQ:AAPL) iOS and Google (NASDAQ:GOOGL) Android. Meanwhile, Microsoft (NASDAQ:MSFT) continues to eye RIM's No. 3 spot in the smartphone market. The best-case scenario that Misek sees is that BlackBerry 10 matches iOS and Android competitively in features, but he believes the platform's success could skyrocket shares to $43 over the next 12 months -- a 300% upside from current prices.
See more in the following video with Fool contributor Evan Niu.
Evan Niu, CFA, owns shares of Apple. The Motley Fool owns shares of Apple, Google, and Microsoft. Motley Fool newsletter services recommend Apple, Google, and Microsoft. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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