BlackBerry to Acquire Cylance and Add Premier AI and Cybersecurity Capabilities

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Go back to BlackBerry to Acquire Cylance and Add Premier AI and Cybersecurity Capabilities

BlackBerry Limited (BB) PT Lowered to $10.50 at MKM Partners; Cylance Deal a 'Smart Move'

November 16, 2018 11:28 AM EST

MKM Partners analyst Michael Genovese lowered the price target on BlackBerry Limited (NYSE: BB) to $10.50 (from $12.00) while maintaining a Neutral rating but said the Cylance acquisition is a "smart move."

The analyst notes they have known Cylance for several years and... More