BUSINESS INFORMATION - Motorola Inc. shares rose 6.5 percent

BUSINESS INFORMATION - Motorola Inc. shares rose 6.5 percent on Friday with a new cell phone developed by Google Inc.

Analysts positive about the phone features such as easy access to social networking sites like Facebook and Twitter. RBC analyst Mark Sue raised his stock price target to $ 10 from $ 8.

Cliq place in the United States sold through Deutsche Telekom AG's T-Mobile USA in the fourth quarter, and stamped Dext around the world. France Telecom's Orange plans to sell it in Britain and France; Telefonica in Spain and America Movil in Latin America.

Motorola launched another phone using Google's Android software end of the year, and Wall Street saw as a great hope to reclaim the market from competitors such as Apple Inc's iPhone, and also by Motorola and Samsung.

While many analysts the impression from the phone on Thursday that it's not the iPhone killer, many say could help bring business.

"We believe Nokia to sell about 2 million smartphones return to profitability, and Cliq good first step to reach this level," said Morgan Keegan analyst Tavis McCourt.

Motorola shares rose 52 cents to $ 8.49 in late morning trading. They could be in a high level of $ 8.62.