Market Overview

BlackBerry Shares Surge on First Day of New Ticker

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Shares of BlackBerry (NASDAQ: BBRY), the company formerly known as Research in Motion, surged on Monday, the first day the company traded under its new ticker.

Bernstein Research upgraded shares to Outperform with a $22 price target. Analysts at Bernstein believe the company will enjoy a strong launch of its BlackBerry 10 devices, which will go on sale in the U.S. in March.

Shares of BlackBerry gained more than 14 percent.

Latest Ratings for BBRY

Sep 2015Imperial CapitalMaintainsIn-line
Sep 2015Deutsche BankMaintainsHold
Sep 2015Sterne Agee CRTInitiates Coverage onNeutral

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