Evercore Partners Upgrades BlackBerry (BBRY) to Equal Weight
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BlackBerry (BBRY) PT Bumped to $10 at Nomura Securities Amid 'Good' Q1
June 20, 2014 8:57 AM EDTNomura 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
Cowen Lifts Target on BlackBerry (BBRY) to $9; Pieces Starting to Fall into Place, But Road Still Bumpy
June 20, 2014 6:27 AM EDTCowen and Company boosts its price target on BlackBerry (Nasdaq: BBRY) from $7.50 up to $9 and maintains a Market Perform rating on the stock.
Analyst Timothy Arcuri observed, Although we still see few non-hardware revenue drivers emerging near-term, growth in net cash, continued expense control and hints of BB10 traction likely give BBRY several additional quarters of runway to execute the most challenging parts of its planned transition from... More
BlackBerry (BBRY) Posts Narrower Than Expected Q1 Loss
June 19, 2014 7:02 AM EDTBlackBerry (NASDAQ: BBRY) reported Q1 EPS of ($0.11), $0.14 better than the analyst estimate of ($0.25). Revenue for the quarter came in at $966 million versus the consensus estimate of $976.25 million..
During the first quarter, the Company recognized hardware revenue on approximately 1.6 million BlackBerry smartphones compared to approximately 1.3 million BlackBerry smartphones in the previous quarter. During the first quarter, approximately 2.6... More
