Wells Fargo Cuts Estimates on Blackberry (BBRY)

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Canaccord Genuity Remains Sidelined on BlackBerry (BBRY) Following CES Announcements and Investor Meetings

January 12, 2016 9:00 AM EST

Canaccord Genuity reiterated a Hold rating and $8.00 price target on BlackBerry (NASDAQ: BBRY) following CES and investor meetings with management. At CES, BlackBerry showcased its portfolio of QNX automotive software solutions including its new software platform for ADAS. BlackBerry also highlighted growing channel support for the Android PRIV during 1H/ C2016. In fact, management expects hardware business results to improve... More