BlackBerry Announces First Major Device Software Licensing Agreement With Joint Venture PT BB Merah Putih
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Imperial Capital Raises Price Target on BlackBerry (BBRY) to $8.50 Following 2Q Report
September 30, 2016 7:33 AM EDTImperial Capital reiterated an In-Line rating on BlackBerry (NASDAQ: BBRY), and raised the price target to $8.50 (from $7.00), following 2Q earnings report. Management reaffirmed its FY17 outlook for the software and services business and continues to expect revenue growth of 30%. Management also estimates adjusted EPS of ($0.05)-$0.00 for FY17, up from previous guidance of approximately ($0.15).... More
MKM Partners Raises Price Target on BlackBerry (BBRY) Following 2Q Beat
September 29, 2016 10:46 AM EDTMKM Partners reiterated a Neutral rating on BlackBerry (NASDAQ: BBRY), and raised the price target to $8.00 (from $7.50), following the company's 2Q earnings report. EPS came in better than expected at $0.00, compared to ($0.06) estimates. Total revenues came in at $352mn, compared to consensus estimates at $392mn.... More
