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Bank Of America: Further Downside In Blackberry 'Limited' After 40% Loss
Monday, November 4, 2019 - 11:07am | 372The bearish case for BlackBerry Ltd (NYSE: BB) can no longer be justified after the stock's 40% decline over the past year, according to BofA. The Analyst Bank of America analyst Daniel Bartus upgraded Blackberry's stock from Underperform to Neutral with a price target lifted from $6 to $7...
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Analysts Mixed On BlackBerry Following 23% Drop
Wednesday, September 25, 2019 - 9:40am | 501Shares of BlackBerry Ltd (NYSE: BB) hit a multi-year low Tuesday in reaction to a fiscal second-quarter report highlighted by a miss in its Internet of Things and cybersecurity division. The Analysts TD Securities analyst Daniel Chan maintains a Buy rating on Blackberry with a price target lowered...
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What Analysts Think Of BlackBerry's Turnaround
Monday, April 1, 2019 - 11:53am | 640BlackBerry Ltd (NYSE: BB) CEO John Chen said Friday after the company's fourth-quarter report its turnaround is complete. The transition from smartphone maker to software and services should result in the company seeing year-over-year growth in all four quarters. Here is a summary of how...
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Takeaways From Canaccord's Chat With BlackBerry Management
Tuesday, January 29, 2019 - 5:42pm | 358Canaccord Genuity hosted an investor meeting with BlackBerry Ltd (NYSE: BB) that was "upbeat" and reinforced the company's long-term growth potential. The Analyst Analyst T. Michael Walkley maintains a Hold rating on BlackBerry with an unchanged $9 price target. The Thesis...
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BlackBerry Investors Cheer Baidu Partnership
Wednesday, January 3, 2018 - 1:26pm | 449Shares of BlackBerry Ltd (NYSE: BB) gained 9 percent Wednesday and hit a new multi-year high of $13.09 after the company announced a partnership with China's Baidu Inc (ADR) (NASDAQ: BIDU). What You Need To Know BlackBerry said Wednesday it reached an agreement with Baidu to jointly...
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Citron's Andrew Left Makes A Bold Claim: BlackBerry Could Be The Next NVIDIA
Thursday, June 1, 2017 - 12:08pm | 568Notable short-seller Andrew Left demonstrated unusual optimism Thursday with a positive report on BlackBerry Ltd (NASDAQ: BBRY), a firm he posited to be the next NVIDIA Corporation (NASDAQ: NVDA). The Citron Research founder said NVIDIA’s two-year value pop from $5 billion to $85 billion...
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BlackBerry Pops Following Q3 Report
Tuesday, December 20, 2016 - 9:20am | 388Shares of BlackBerry Ltd (NASDAQ: BBRY) were trading higher by more than 3 percent early Tuesday after the company reported its third quarter results. BlackBerry posted an adjusted earnings of $0.01 per share in the quarter on revenue of $301 million. Wall Street analysts were expecting the...
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Market Wrap For March 4: Bulls Take Over As Ukraine Fears Dissipate
Tuesday, March 4, 2014 - 5:37pm | 2664U.S. stocks recovered and posted strong gains as concerns over a military conflict involving Russia and Ukraine dissipated overnight. The Dow posted a triple digit point gain, recording its best day of the year. The S&P 500 surged to new all time highs of 1,876.23 while the Nasdaq hit new...
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BlackBerry Partners With Ford, Could Signal A Turnaround
Monday, February 24, 2014 - 12:47pm | 419At the North American Auto Show in January 2007, Ford Motors (NYSE: F) president and CEO Alan Mulally along with Microsoft (NASDAQ: MSFT) Chairman Bill Gates announced their Sync partnership. Ford would implement Microsoft technology that allows the driver and passengers in Ford automobiles to make...
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Is Research in Motion Dead Without Knowing It?
Wednesday, October 19, 2011 - 10:20am | 822Research in Motion (NASDAQ: RIMM) has been called the "headless horseman" before. Now it appears management has gone to a whole new level of clueless, after supposedly cancelling a meeting between an activist investor and two of its board members. This morning, headlines crossed the news wires...
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Less Data From RIMM
Monday, December 13, 2010 - 12:30pm | 363When Research In Motion (NASDAQ: RIMM) reports its third-quarter results this Thursday, it will be the last time investors will hear about how many new users purchased the company's most popular device, the BlackBerry. Likewise, the company will not make any public predictions regarding the number...