BlackBerry Reports Fiscal 2016 Second Quarter Results
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Imperial Capital Cuts Price Target on BlackBerry (BBRY) Following 2Q16 Earnings Results
September 29, 2015 8:10 AM EDTImperial Capital reiterated an In-Line rating on BlackBerry (NASDAQ: BBRY), and cut the price target to $7.00 (from $9.50), following the company's 2Q16 earnings results. BBRY reported revenue of $490mn and adjusted net loss of $0.13 per share, below
Street estimates of $605mn and $0.09, respectively.
Analyst Michael Kim commented, "We are... More
UBS Cuts Price target on BlackBerry (BBRY) as Devices and Services Businesses Continue to Erode
September 28, 2015 9:09 AM EDTUBS reiterated a Neutral rating on BlackBerry (NASDAQ: BBRY), and cut the price target to $7.50 (from $10.00), as devices and services businesses continue to erode.
Analyst Amitabh Passi commented, "We agree with CEO John Chen: Blackberry's success hinges on its ability to build... More
BlackBerry (BBRY) Numbers Cut at MKM Partners Following 'Miss'; Software Sales Concerning
September 25, 2015 3:45 PM EDTMKM Partners analyst Michael Genovese reiterated a Neutral rating and lowered his price target on BlackBerry (NASDAQ: BBRY) to $7.25 (from $8.00) following a Q2 miss on "across-the-board weakness."
The analyst said the shortfall in Software sales is the most concerning. "Software revenues came in at $74mn vs. consensus at $109mn.... More
BlackBerry (BBRY) Price Target Reduced to $7 at BMO Capital
September 25, 2015 3:26 PM EDTBMO Capital maintained a Market Perform rating on BlackBerry (NASDAQ: BBRY) but lowered its price target to $7.00 (from $9.00).
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 $7.03 yesterday.
... MoreBlackBerry (BBRY) increase share repurchase play by 15 million shares
September 25, 2015 8:23 AM EDTBlackBerry (NASDAQ: BBRY) increase share repurchase play by 15 million shares.
... More