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Wells Fargo Securities Sees Solid Quarter For BlackBerry

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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

DateFirmActionFromTo
Jun 2016Imperial CapitalMaintainsIn-lineIn-line
May 2016MacquarieInitiates Coverage onUnderperform
Apr 2016Imperial CapitalMaintainsIn-line

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