Shares in Palm Inc
Analyst Ehud Gelblum said Palm's unit shipments and subscriber additions should rise after the company's exclusive deal with Sprint Nextel Corp
Gelblum set Palm's price target at $14. The shares, which had fallen around 12 percent in the past month partly due to disappointing sales of its new Pre phone, rose 49 cents to
Morgan Stanley also gave an overweight recommendation on shares in chipmaker Qualcomm Inc
Qualcomm shares rose 1.7 percent to $47.74 and RIM rose 0.56 percent to $66.30, while Motorola shares rose 2.26 percent to $8.15.
(Reporting by Ritsuko Ando; Editing by Derek Caney)