BlackBerry (BBRY) PT Cut to $8.80 at Goldman Sachs
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BlackBerry (BBRY) Target Lifted at Canaccord Genuity on Updated SOTP
March 31, 2014 8:50 AM EDTCanaccord Genuity analyst T. Michael Walkley boosted his price target on BlackBerry (NASDAQ: BBRY) from $6 to $8 following Q4 results based on a sum-of-parts analysis.
Walkley notes February quarter results were soft. However, a better services versus hardware revenue mix and significantly lower... More
BlackBerry (BBRY) Target Price Lifted at Nomura Securities
March 31, 2014 8:01 AM EDTNomura Securities analyst Stuart Jeffrey reiterated a Neutral rating on BlackBerry (NASDAQ: BBRY) and raised his price target from $7 to $9.
Jeffrey comments, "There are signs of hope that new managements turnaround can succeed but, meaningful challenges remain. Device gross margins are... More
Needham & Company Upgrades BlackBerry (BBRY) to Hold
March 31, 2014 7:08 AM EDTNeedham & Company upgraded BlackBerry (NASDAQ: BBRY) from Underperform to Hold.
Analyst Charlie Wolf upgrade the stock for two reasons: "First, John Chen, the new CEO, seems to have brought adult supervision to the company. Second, we see potential for a meaningful... More
Evercore Partners Downgrades BlackBerry (BBRY) to Underweight
March 31, 2014 6:45 AM EDTEvercore Partners downgraded BlackBerry (NASDAQ: BBRY) from Equal Weight to Underweight.
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 $8.41 yesterday.... More
Credit Suisse Downgrades BlackBerry (BBRY) to Underperform
March 31, 2014 6:43 AM EDTCredit Suisse downgraded BlackBerry (NASDAQ: BBRY) from Neutral to Underperform with a price target of $6.00 (from $7.00).
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 $8.41 yesterday.... More
Credit Suisse Downgrades BlackBerry (BBRY) to Underperform; Mixed Q4 Results Didn't Improve Turnaround Outlook
March 31, 2014 6:23 AM EDTCredit Suisses cuts BlackBerry (Nasdaq: BBRY) from Neutral to Underperform and trims its price target from $7 to $6.
Analyst Kulbinder Garcha noted weaker-than-expected Q4 top-line results, though underlying operating loses of $176 million topped expectations. The analyst is concerned over the level of free... More
UPDATE: BlackBerry (BBRY) Pressured Heading Into Close
March 28, 2014 3:56 PM EDT(Updated - March 28, 2014 4:00 PM EDT)
BlackBerry (Nasdaq: BBRY) stock was pressured heading into the close of trading on Friday, with shares down more than 7% on heavy volume, as traders adjusted positions into the weekend. Earlier BlackBerry reported Q4 results that were viewed by some as 'mixed'.... More
MKM Comments on BlackBerry (BBRY) Q4
March 28, 2014 3:01 PM EDTMKM Partners reiterated a Neutral rating on BlackBerry (NASDAQ: BBRY) with a price target of $10.00. Comments follow Q4 results.
Analyst Michael Genovese said, "We are maintaining our Neutral rating and $10 FV estimate following 4QFY14 results characterized by impressive fixed cost reductions and margin... More
BlackBerry (BBRY): 'Road Out of the Woods Remains Long' - Deutsche Bank
March 28, 2014 2:12 PM EDTDeutsche Bank reiterated a Hold rating on BlackBerry (NASDAQ: BBRY) with a price target of $6.00. Comments follow Q4 results. Analyst Brian Modoff called it a "mixed print," adding "the road out of the woods remains long."
"Blackberry announced Q4 revenues of $976 million, below our estimate and consensus of $1.1 billion. Pro-forma EPS was ($0.08), above our estimate of ($0.91) and consensus of ($0.55). The... More
BlackBerry's (BBRY) Turnaround Continues Taking Shape in Q4 - Cowen
March 28, 2014 8:28 AM EDTCowen and Company is out with early commentary on BlackBerry (Nasdaq: BBRY) following the company's Q4 report, which was out ahead of the opening bell Friday.
Analyst Timothy Arcuri noted that BlackBerry's Q4 results were mixed; revenue of $976 million and adjusted loss was... More
BlackBerry (BBRY) Positive on Resumption
March 28, 2014 7:36 AM EDTBlackBerry (Nasdaq: BBRY) shares are positive early following resumption of trading Friday morning. The stock is up over 5 percent following Q4 results.... More
BlackBerry (BBRY) Resumes Trading; Shares Up 5%
March 28, 2014 7:34 AM EDTBlackBerry (NASDAQ: BBRY) has resumed trading and is up 4.9% following a bottom-line beat and top-line miss in Q4.... More
BlackBerry (BBRY) will resume trading at 7:30am ET
March 28, 2014 7:05 AM EDTBlackBerry (Nasdaq: BBRY) will resume trading at 7:30am EST.... More
UPDATE: BlackBerry (BBRY) Posts Q4 adj.-Loss of 8c/Share
March 28, 2014 7:00 AM EDT(Updated - March 28, 2014 7:03 AM EDT)
BlackBerry (NASDAQ: BBRY) reported Q4 EPS of ($0.08), $0.49 better than the analyst estimate of ($0.57). Revenue for the quarter came in at $976 million versus the consensus estimate of $1.11 billion.'
"I am very pleased with our progress and execution in fiscal Q4 against the strategy we laid out three... More
