BlackBerry (BBRY) Posts Narrower Than Expected Q1 Loss

Go back to BlackBerry (BBRY) Posts Narrower Than Expected Q1 Loss

Evercore Partners Upgrades BlackBerry (BBRY) to Equal Weight

June 23, 2014 7:52 AM EDT

Evercore Partners upgraded BlackBerry (NASDAQ: BBRY) from Underweight to Equal Weight with a price target of $10.00 (from $6.00).

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 $9.81 yesterday.

... More

BlackBerry (BBRY) PT Bumped to $10 at Nomura Securities Amid 'Good' Q1

June 20, 2014 8:57 AM EDT

Nomura Securities analyst Stuart Jeffrey reiterated a Neutral rating on BlackBerry (NASDAQ: BBRY) and bumped his price target price target of $10.00 (from $9.00) following 'good' Q1 although the recovery is still far away.

"Blackberry is showing some signs of stability, as it delivered... More

BlackBerry (BBRY) Price Target Raised to $8 at Deutsche Bank

June 19, 2014 3:33 PM EDT

Deutsche Bank maintained a Hold rating on BlackBerry (NASDAQ: BBRY) and raised its price target to $8.00 (from $6.00). Analyst Brian Modoff noted Q1 improvement but he doesn't think the company is out of the woods yet.

"This quarter a number of improvements were evident traction with the EZ Pass program (the proof of this will be 1/31/15 when free moves to pay-forsupport), improved margins, a successful device launch in Indonesia... More

TD Securities Comments on BlackBerry's (BBRY) Q1

June 19, 2014 3:29 PM EDT

TD Securities maintained a Hold rating on BlackBerry (NASDAQ: BBRY) with a price target of $10.50. Comments follow Q1 results. Analyst Scott Penner thinks BlackBerry is at the tail end of its restructuring program.

"Operating expenses (R&D + SG&A) were down 10% Q/Q following the 30% decline last quarter. Combined with slightly better services revenue, this drove the EPS upside vs. expectations. We model a residual 5% step... More