Wells Fargo Securities Sees Solid Quarter For BlackBerry
In a report published Friday, Wells Fargo Securities analyst Maynard Um reiterated a Market Perform rating on BlackBerry (NASDAQ: BBRY).
In the report, Wells Fargo Securities noted, “With a potential sale of the company less likely in the near-term, we believe BBRY will likely look at other strategic alternatives (further restructuring, potential divestitures, aggressively target multi-platform strategy, etal). Upside risk could come from potential strategic actions.”
BlackBerry closed on Thursday at $9.09.
Latest Ratings for BBRY
|Jun 2016||Imperial Capital||Maintains||In-line||In-line|
|May 2016||Macquarie||Initiates Coverage on||Underperform|
|Apr 2016||Imperial Capital||Maintains||In-line|
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