Cormark Upgrades BlackBerry (BBRY) to Top Pick, 'Risk/Reward Looks Good'

April 1, 2013 4:48 PM EDT
Get Alerts BBRY Hot Sheet
Price: $7.21 --0%

Rating Summary:
    7 Buy, 39 Hold, 16 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 7 | Down: 8 | New: 1
Trade BBRY Now!
Join SI Premium – FREE
Cormark upgraded BlackBerry (NASDAQ: BBRY) from Buy to Top Pick with a price target of $20.00. Analyst Richard Tse said BlackBerry's risk/reward "looks good" and made note of recent strength in operating results. In his view this reduces execution risk. Tse also pointed to potential upside in service revenue and momentum in news flow.

For an analyst ratings summary and ratings history on BlackBerry click here. For more ratings news on BlackBerry click here.

Shares of BlackBerry closed at $14.45 yesterday.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Analyst Comments, Upgrades

Add Your Comment