MARKET PULSE- RIM, Kit Digital, MAP Pharma, Molycorp, General Motors

Fri Nov 23, 2012 12:30pm EST
 
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Nov 23 (Reuters) - Some U.S. stocks on the move on Friday:

(For more market insights, including options activity, click on STXNEWS/US; for the day ahead newsletter, link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/faq23t)

US STOCKS-WALL STREET CLIMBS IN SHORT SESSION, LED BY TECH STOCKS

U.S. stocks rose for a fifth day during a holiday-shortened, thin trading session on Friday, as investors bid up large technology stocks which had fallen to more attractive levels recently. The Dow Jones industrial average was up 0.91 percent, the S&P 500 was up 0.91 percent and the Nasdaq Composite was up 1.07 percent.

** RESEARCH IN MOTION LTD, $11.70, up 14 pct (1224 ET)

National Bank analyst Kris Thompson, rated five stars by Thomson Reuters StarMine for the accuracy of his earnings estimates on RIM, raised his price target on the BlackBerry-maker's shares to $15 as he believes there is more money to be made in the stock ahead of the early 2013 launch of the make-or-break BlackBerry 10 devices.   Continued...