Imperial Capital Cuts Price Target on BlackBerry (BBRY) Following 2Q16 Earnings Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/9/2026
- Wall St futures rebound as oil retreats, investors weigh US-Iran tensions
- Software stocks slide as Starbucks builds AI tools to replace vendor software
- Oil prices fall as markets weigh impact of US strikes on Iran
- Nvidia is up just 3% YTD while SOX surges 82% — what’s holding it back?
- BofA says S&P 500 technicals point to corrective Q3
- Morgan Stanley Reiterates Overweight Rating on Rocket Lab USA (RKLB), Bull Case Raised to $293
- GameStop stockholders approve share count increase to 2.5 billion
- Crude Inventory Rose 3 Million Barrels Last Week - EIA
- AI bubble fears mount as Zuckerberg admits agent delays and Burry shorts sector
- S&P 500 ends down after Trump says Iran deal is 'over'
UPDATE: BlackBerry (BBRY) Looks More Like Option Than Investment, Says Analyst; Sterne Agee CRT Starts at Neutral
September 28, 2015 4:23 PM EDT(Updated - September 29, 2015 8:58 AM EDT)
Sterne Agee CRT initiated coverage on BlackBerry (NASDAQ: BBRY) with a Neutral rating and a price target of $6. Analyst Rob Cihra said the stock seems more like an option and takes a "leap of faith."
"We... 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.
... MoreBlackBerry (BBRY) Misses Q2 EPS by 4c
September 25, 2015 7:01 AM EDT(Updated - September 25, 2015 7:03 AM EDT)
BlackBerry (NASDAQ: BBRY) reported Q2 EPS of ($0.13), $0.04 worse than the analyst estimate of ($0.09). Non-GAAP revenue for the second quarter of fiscal 2016 was $491 million with GAAP revenue of $490 million.
Total cash, cash equivalents, short-term and long-term investments was $3.35 billion as of August 29, 2015. The cash balance increased $37 million in the second... More
