BlackBerry (BBRY) Gross Margin Could Be Better, Wells Fargo Says; Remains on Sidelines
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Imperial Capital Remains Sidelined on BlackBerry (BBRY) Following Mixed 4Q Report
April 4, 2016 8:07 AM EDTImperial Capital reiterated an In-Line rating and $9.00 price target on BlackBerry (NASDAQ: BBRY) following the company's 4Q earnings report. Revenue was negatively affected by lower-than-expected hardware sales and declining Service Access Fees, offset by higher software revenue and acquisitions. Adjusted EPS was... More
BMO Capital Remains Sidelined on BlackBerry (BBRY) Following Mixed 4Q
April 4, 2016 7:56 AM EDTBMO Capital reiterated a Market Perform rating and $8.00 price target on BlackBerry (NASDAQ: BBRY) following the company's 4Q earnings report. With help from IPR licensing deals and several acquisitions, Blackberry surpassed managements $500 million software revenue target for the year. However, the service business... More
